Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to Yankuang Energy Group Co Ltd (Yankuang Energy) structured products, futures and options to account for Yankuang Energy’s special dividend distribution.
Corporate action overview
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Company (Stock Code)
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Yankuang Energy (1171)
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Corporate Action
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Special Dividend of RMB0.40 per share
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Ex-date
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5 July 2022
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Please refer to the announcement made by Yankuang Energy on 30 March 2022 for details.
Investors should consult their brokers for further details, or if they have any questions regarding the adjustment.
Structured products with shares of Yankuang Energy as underlying asset
The listing documents of all existing structured products with the shares Yankuang Energy as underlying asset contain provisions that deal with a cash distribution including a special dividend. Structured product issuers will make announcements in the evening of a business day immediately prior to the Ex-date regarding the relevant adjustments (including the adjusted entitlement and adjusted exercise price, as appropriate) and investors should read the contents of such announcements.
Adjustments of Yankuang Energy Futures and Options
For detailed trading, clearing and settlement arrangements of Yankuang Energy Futures and Options after adjustments, please refer to the circular posted on HKEX website.
Investors should note that the adjusted and standard stock futures and options will have different contract sizes. There will not be any changes to the number of open positions and other contract terms after the transfer of positions.
Ends