The anticipated adjustment in Paynova was conditioned by a fall in the average share price on the Ex-date compared to the average share price on the day before ex-day. The re-calculation may not, according to Rules and Regulations 4.5.1.4, result in increasing exercise and futures prices. Since there was no fall in average share price, options and futures contracts in Paynova will not be adjusted.
Pièces jointes
