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