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.
Old exercise price
|
(1)
|
22,020
|
Old conversion price
|
(2)
|
2:1
|
The unadjusted reference price of the underlying asset on the ex-dividend date
|
(3)
|
27,350
|
The adjusted reference price of the underlying asset on the ex-dividend date
|
(4)
|
22,375
|
New exercise price
|
(5) = (1) x [(4)/(3)]
|
18,014
|
New conversion price
|
(6) = (2) x [(4)/(3)]
|
1.6362:1
|