CPNJ2002: Announcement of adjustment of covered warrants VNDIRECT Securities Corporation announces the adjustment of covered warrants as follows:
- Issuer: VNDIRECT Securities Corporation
- Warrant name: Warrant.PNJ.VND.M.CA.T.2020.01
- Warrant code: CPNJ2002
- Underlying security code: PNJ
- Warrant type (call/put): call
- Warrant style: European-style
- Method of exercise: cash
- Duration: 06 months
- Expiry date: October 01, 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)
|
69,000
|
Old conversion price
|
(2)
|
2:1
|
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)]
|
67,528.7846
|
New conversion price
|
(6) = (2) x [(4)/(3)]
|
1,9574:1
|
HOSE
|