MB Securities Joint Stock Company announces the adjustment of covered warrants as follows:
- Issuer: MB Securities Joint Stock Company
- Warrant code: CHDB2006
- Underlying security code: HDB
- Warrant type (call/put): call
- Warrant style: European-style
- Method of exercise: cash
- Duration: 3.5 months
- Expiry date: October 08, 2020
- Adjustment date: October 01, 2020
- Reason: Ho Chi Minh City Development Joint Stock Commercial Bank (HOSE: HDB) made the first stock dividend payment for 2019 and issued shares to raise capital.
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Old exercise price
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(1)
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24,700
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Old conversion price
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(2)
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2:1
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The unadjusted reference price of the underlying asset on the ex-dividend date
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(3)
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24,100
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The adjusted reference price of the underlying asset on the ex-dividend date
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(4)
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18,540
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New exercise price
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(5) = (1) x [(4)/(3)]
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19,000
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New conversion ratio
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(6) = (2) x [(4)/(3)]
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1.5385:1
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