Derivatives: Anticipated adjustment in Renewable Energy Corporation due to rights issue (39/10)


The following information is based on a press release from Renewable Energy
Corporation ASA (REC) published on April 29, 2010 and may be subject to change. 

The board of REC has proposed that the Extra General Meeting (EGM), on April
29, 2010, approves a rights issue (1:2), whereby shareholders are entitled to
one (1) new share for every two (2) shares held. The subscription price is set
at NOK 12.10 per share. The Ex-date is April 30, 2010. Provided that the EGM
approves the proposed rights issue, NASDAQ OMX Derivatives Markets will carry
out a re-calculation of options, forwards and futures in REC. 

For further information, please see the attached file.

Pièces jointes

39_rec_rights_issue_3.pdf