KIS Vietnam Securities Corporation announces the adjustment of covered warrants as follows:
- Issuer: KIS Vietnam Securities Corporation
- Warrant code: CSBT2001
- Underlying security code: SBT
- Warrant type (call/put): call
- Warrant style: European-style
- Method of exercise: cash
- Duration: 11 months
- Expiry date: December 16, 2020
- Adjustment date: October 23, 2020
- Reason: Thanh Thanh Cong - Bien Hoa Joint Stock Company (HOSE: SBT) made the cash dividend payment for fiscal year 2018-2019.
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Old exercise price
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(1)
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21,111
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Old conversion price
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(2)
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1:1
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The unadjusted reference price of the underlying asset on the ex-dividend date
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(3)
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15,900
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The adjusted reference price of the underlying asset on the ex-dividend date
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(4)
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15,400
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New exercise price
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(5) = (1) x [(4)/(3)]
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20,447
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New conversion ratio
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(6) = (2) x [(4)/(3)]
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0.9686:1
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