KIS Vietnam Securities Corporation announces the adjustment of covered warrant as follows:
- Issuer: KIS Vietnam Securities Corporation
- Security type: covered warrant
- Security code: CMBB2305
- Issuer of the underlying security: Military Commercial Joint Stock Bank
- Underlying security code: MBB
- Warrant type (call/put): call
- Warrant style: European-style
- Payment method for exercise of warrants: in cash
- Duration: 07 months
- Expiration date: January 02, 2024
- Adjusting date: June 14, 2023
- Reason for adjustment: Military Commercial Joint Stock Bank pays cash dividend for 2022 according to Announcement No.1034/TB-SGDHCM dated June 08, 2023 by the Hochiminh Stock Exchange.
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Old strike price
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(1)
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16,999 dongs
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Old conversion ratio
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(2)
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10:1
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Unadjusted reference price of underlying securities at ex-right date
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(3)
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20,300 dongs
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Adjusted reference price of underlying securities at ex-right date
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(4)
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19,800 dongs
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New strike price
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(5) = (1) x [(4)/(3)]
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16,580 dongs
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New conversion ratio
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(6) = (2) x [(4)/(3)]
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9.7537:1
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