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.
Old exercise price
|
(1)
|
21,111
|
Old conversion price
|
(2)
|
1:1
|
The unadjusted reference price of the underlying asset on the ex-dividend date
|
(3)
|
15,900
|
The adjusted reference price of the underlying asset on the ex-dividend date
|
(4)
|
15,400
|
New exercise price
|
(5) = (1) x [(4)/(3)]
|
20,447
|
New conversion ratio
|
(6) = (2) x [(4)/(3)]
|
0.9686:1
|