On April 05, 2023, Viet Capital Securities Joint Stock Company announces the adjustment of covered warrant as follows:
- Issuer: Viet Capital Securities Joint Stock Company
- Security type: covered warrant
- Security code: CVIB2301
- Issuer of the underlying security: Vietnam International Commercial Joint Stock Bank
- Underlying security code: VIB
- Warrant type (call/put): call
- Warrant style: European-style
- Payment method for exercise of warrants: in cash
- Duration: 06 months
- Expiration date: August 07, 2023
- Adjusting date: April 06, 2023
- Reason for adjustment: VIB pays the remaining cash dividend for 2022 with 5%/par value (500 dongs/share).
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Old strike price
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(1)
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24,841 dongs
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Old conversion ratio
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(2)
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1.9138:1
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Unadjusted reference price of underlying securities at ex-right date
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(3)
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21,950 dongs
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Adjusted reference price of underlying securities at ex-right date
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(4)
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21,450 dongs
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New strike price
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(5) = (1) x [(4)/(3)]
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24,275 dongs
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New conversion ratio
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(6) = (2) x [(4)/(3)]
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1.8702:1
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