Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to Swire Pacific Ltd. ‘A’ (Swire Pacific A) structured products, futures and options to account for Swire Pacific A’s special cash dividend distribution.
Corporate action overview
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Company (Stock Code)
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Swire Pacific A (19)
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Corporate Action
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Special Dividend of HKD 8.12 per share
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Ex-date
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1 September 2023
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Please refer to the announcement made by Swire Pacific A on 22 August 2023 for details.
Investors should consult their brokers for further details, or if they have any questions regarding the adjustment.
Structured products with shares of Swire Pacific A as underlying asset
The listing documents of all existing structured products with the shares of Swire Pacific A 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 31 August 2023 regarding the relevant adjustments (including the adjusted entitlement, adjusted exercise price) and investors should read the contents of such announcements.
Adjustments of Swire Pacific A Futures and Options
For detailed trading, clearing and settlement arrangements of Swire Pacific A 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