MB Securities Joint Stock Company announces the adjustment of covered warrants as follows:
- Issuer: MB Securities Joint Stock Company
- Code of warrant: CPNJ2001
- Underlying security code: PNJ
- Warrant type (call/put): call
- Warrant style: European-style
- Method of exercise: cash
- Duration: 3.5 months
- Expiry date: April 24, 2020
- Adjustment date: April 01, 2020
- Reason: Phu Nhuan Jewelry Joint Stock Company (HOSE: PNJ) makes the second dividend payment for 2019 in cash.
Old exercise price
(1)
83,500
Old conversion price
(2)
5:1
The unadjusted reference price of the underlying asset on the ex-dividend date
(3)
46,900
The adjusted reference price of the underlying asset on the ex-dividend date
(4)
45,900
New exercise price
(5) = (1) x [(4)/(3)]
81,719.6162
New conversion price
(6) = (2) x [(4)/(3)]
4.8934:1