KIS Vietnam Securities Corporation announces the adjustment of covered warrant as follows:
- Issuer: KIS Vietnam Securities Corporation
- Security type: covered warrant
- Security code: CVNM2207
- Issuer of the underlying security: Viet Nam Dairy Products Joint Stock Company
- Underlying security code: VNM
- Warrant type (call/put): call
- Warrant style: European-style
- Payment method for exercise of warrants: in cash
- Duration: 09 months
- Expiration date: March 28, 2023
- Adjusting date: December 22, 2022
- Reason for adjustment: Viet Nam Dairy Products Joint Stock Company pays second cash dividend for 2022 according to Announcement No.2203/TB-SGDHCM dated December 12, 2022.
|
Old strike price
|
(1)
|
68,668 dongs
|
|
Old conversion ratio
|
(2)
|
15.4747:1
|
|
Unadjusted reference price of underlying securities at ex-right date
|
(3)
|
79,700 dongs
|
|
Adjusted reference price of underlying securities at ex-right date
|
(4)
|
78,300 dongs
|
|
New strike price
|
(5) = (1) x [(4)/(3)]
|
67,462 dongs
|
|
New conversion ratio
|
(6) = (2) x [(4)/(3)]
|
15.2029:1
|