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