Viet Capital Securities Joint Stock Company announces the adjustment of covered warrants as follows:
- Issuer: Viet Capital Securities Joint Stock Company
- Warrant code: CPNJ2102
- Underlying security code: PNJ
- Warrant type (call/put): call
- Warrant style: European-style
- Method of exercise: cash
- Duration: 06 months
- Expiry date: August 02, 2021
- Adjustment date: March 15, 2021
- Reason: Phu Nhuan Jewelry Joint Stock Company (HOSE: PNJ) made the second cash dividend payment for 2020.
Old exercise price
(1)
80,000
Old conversion price
(2)
1:1
The unadjusted reference price of the underlying asset on the ex-dividend date
(3)
83,600
The adjusted reference price of the underlying asset on the ex-dividend date
(4)
82,800
New exercise price
(5) = (1) x [(4)/(3)]
79,234
New conversion ratio
(6) = (2) x [(4)/(3)]
0.9904:1