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Revised Arrangements for Adjustment of Standard Chartered Structured Products and Options

Market Operations
10 Nov 2015

Hong Kong Exchanges and Clearing Limited (HKEx) has announced revised arrangements for the adjustment to Standard Chartered PLC (Standard Chartered) structured products and options to account for Standard Chartered’s rights issue, as Standard Chartered announced the expected UK and Hong Kong record date for entitlements is now 18 November 2015 and not 13 November 2015 as previously stated.

Accordingly, the ex-rights date will be changed from 12 November 2015 to 17 November 2015.

Structured product issuers will make announcements in the evening of 16 November 2015 regarding the relevant adjustments (including the adjusted entitlement and adjusted exercise price as appropriate) and investors should read those announcements carefully.

For details of trading and clearing operational arrangements, please refer to the circular.

For details, please refer to the announcements made by Standard Chartered on 3 November and 9 November 2015.


Ends

Updated 10 Nov 2015