KIS Vietnam Securities Corporation announces the adjustment of its covered warrant as follows:
- Issuer: KIS Vietnam Securities Corporation
- Warrant code: CVNM1901
- Underlying security: VNM
- Warrant type: call
- Warrant style: European-style
- Duration: 06 months
- Expiration date: December 30, 2019
- Adjustment date: August 15, 2019
- Reason: Viet Nam Dairy Products Joint Stock Company (Vinamilk) makes the first cash dividend payment for 2019.
Old exercise price
(1)
158,888 dongs
Old conversion ratio
(2)
10:1
The unadjusted reference price of the underlying security on the ex-right date
(3)
122,100 dongs
The adjusted reference price of the underlying security on the ex-right date
(4)
120,100 dongs
New exercise price
(5)=(1)x[(4)/(3)]
156,285 dongs
New conversion ratio
(6)=(2)x[(4)/(3)]
9.8362 : 1