MB Securities Joint Stock Company announces the adjustment of covered warrants as follows:
- Issuer: MB Securities Joint Stock Company
- Warrant code: CFPT2007
- Underlying security code: FPT
- Warrant type (call/put): call
- Warrant style: European-style
- Method of exercise: cash
- Duration: 04 months
- Expiry date: October 23, 2020
- Adjustment date: August 17, 2020
- Reason: FPT Corporation (HOSE: FPT) mades the first cash dividend payment for 2020.
Old exercise price
(1)
43,500
Old conversion price
(2)
5:1
The unadjusted reference price of the underlying asset on the ex-dividend date
(3)
47,800
The adjusted reference price of the underlying asset on the ex-dividend date
(4)
46,800
New exercise price
(5) = (1) x [(4)/(3)]
42,590
New conversion ratio
(6) = (2) x [(4)/(3)]
4.8954:1