Derivatives: Anticipated adjustment due to extra d
Post# of 301275
Posted On: 10/28/2013 11:30:11 AM
Derivatives: Anticipated adjustment due to extra dividend and split in KONE (58/13)
The following information is based on a press release from KONE Oyj (KONE) dated October 28, 2013 and may be subject to change. The board of KONE has proposed that the Extra General Meeting (EGM), scheduled for December 2, 2013, approves an extra dividend of EUR 1.30 per share as well as a stock split whereby every one (1) share held will entitle their holder to one (1) new share. The new shares will not entitle to the proposed extra dividend of EUR 1.30 per share. The scheduled Ex-date is December 3, 2013. Provided that the EGM approves the proposals, NASDAQ OMX Derivatives Markets will carry out a re-calculation of options and forwards in KONE (KNEBV3).
For further information, please see the attached file.
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