On January 06, 2023, BIDV Securities Joint Stock Company announces the adjustment of covered warrant as follows:
- Issuer: BIDV Securities Joint Stock Company
- Security type: covered warrant
- Security code: CPNJ2204
- Issuer of the underlying security: Phu Nhuan Jewelry Joint Stock Company
- Underlying security code: PNJ
- Warrant type (call/put): call
- Warrant style: European-style
- Payment method for exercise of warrants: in cash
- Duration: 07 months
- Expiration date: January 09, 2023
- Adjusting date: January 06, 2023
- Reason for adjustment: January 09, 2023 pays cash dividends according to Announcement No.2309/TB-SGDHCM dated December 29, 2022.
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Old strike price
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(1)
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105,870 dongs
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Old conversion ratio
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(2)
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7.4036:1
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Unadjusted reference price of underlying securities at ex-right date
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(3)
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89,500 dongs
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Adjusted reference price of underlying securities at ex-right date
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(4)
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88,900 dongs
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New strike price
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(5) = (1) x [(4)/(3)]
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105,160 dongs
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New conversion ratio
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(6) = (2) x [(4)/(3)]
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7.3540:1
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