Derivatives: Adjustment due to share distribution
Post# of 301275
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 Ex-date is April 19, 2017. The trading of shares in IPC will commence on April 24, 2017. NASDAQ Derivatives Markets has carried out a re-calculation of options, forwards and futures with expiration date of April 21st, 2017 in Lundin Petroleum (LUPE) according to Method 2 published in exchange notice 24/17. Re-calculated options, forwards and futures with expiration date on April 21, 2017 have been suspended for trading and exercise from April 19, 2017 and will be available for trading and exercise as from April 20, 2017.
Stock options, forwards and futures with expiration date other than April 21, 2017 have been adjusted as communicated in the exchange notice 27/17.
For further information please see the attached file.
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