KIS Vietnam Securities Corporation announces the adjustment of covered warrants as follows:
- Issuer: KIS Vietnam Securities Corporation
- Warrant code: CHPG2006
- Underlying security code: HPG
- Warrant type (call/put): call
- Warrant style: European-style
- Method of exercise: cash
- Duration: 05 months
- Expiry date: September 16, 2020
- Adjustment date: July 29, 2020
- Reason: Hoa Phat Group Joint Stock Company makes the 2019 dividend payment in cash and stock.
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Old exercise price
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(1)
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22,020
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Old conversion price
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(2)
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2:1
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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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27,350
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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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22,375
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New exercise price
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(5) = (1) x [(4)/(3)]
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18,014
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New conversion price
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(6) = (2) x [(4)/(3)]
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1.6362:1
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