MB Securities Joint Stock Company announces the adjustment of its covered warrant as follows:
- Issuer: MB Securities Joint Stock Company
- Code of warrant: CREE1905
- Underlying security: REE
- Warrant type: call
- Warrant style: European-style
- Payment method for exercise of warrants: in cash
- Duration: 06 months
- Expiration date: June 17, 2020
- Adjustment date: March 02, 2019
- Reason: Refrigeration Electrical Engineering Corporation makes cash dividend payment for 2019.
Old exercise price
(1)
34,600 dongs
Old conversion ratio
(2)
3:1
The unadjusted reference price of the underlying security on the ex-right date
(3)
34,100 dongs
The adjusted reference price of the underlying security on the ex-right date
(4)
32,500 dongs
New exercise price
(5)=(1)x[(4)/(3)]
32,976.5396 dongs
New conversion ratio
(6)=(2)x[(4)/(3)]
2.8592:1