Derivatives: Correction: Anticipated adjustment du
Post# of 301275
This is correction of Exchange notice 23/17 sent on April 11, 2017. The basket method will not be applied for stock options, forwards and futures with expiration date on April 21, 2017.
The following information is based on a press release from Lundin Petroleum AB (Lundin Petroleum) published on April 11, 2017 and may be subject to change.
The Extraordinary General Meeting (EGM) held on March 22, 2017, approved a distribution of shares in newly formed company International Petroleum Corporation (IPC), whereby every three (3) shares of Lundin Petroleum entitles their holders to receive one (1) share in IPC. The scheduled Ex-date is April 19, 2017. The trading of shares in IPC is expected to commence on April 24, 2017. NASDAQ Derivatives Markets will carry out a re-calculation of options, forwards and futures in Lundin Petroleum (LUPE) according to the methods stated in the attached file.
For further information please see the attached file.
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