Find
Dec 18, 2014

Eurex

MMC Norilsk Nickel: Extraordinary dividend

On 11 December 2014, the extraordinary general meeting of the company MMC Norilsk Nickel decided to pay a dividend of RUB 762.34 per ordinary share. According to the announcement of MMC Norilsk Nickel from 31 October 2014, 1.5 billion U.S. dollar are the extraordinary dividend, out of the total distribution of 2.78 billion U.S. dollar. This corresponds to a ratio of 1.5 / 2.78 = 0.53956834, converted to the decided dividend. The final adjustment in U.S. dollar will be done based on the ECB (European Central Bank) foreign exchange reference rate published on 18 December 2014.

The extraordinary dividend will result in an adjustment of the Eurex options (NNIA) and the Eurex Single Stock Futures contract (NNIG) on shares of MMC Norilsk Nickel.

Ex date will be 19 December 2014.

This circular contains a description of the adjustment procedure.

Market Status

XEUR

The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.

Please find further information about incident handling in the Emergency Playbook published on the Eurex webpage under Support --> Emergencies and safeguards. Detailed information about incident communication, market re-opening procedures and best practices for order and trade reconciliation can be found in the chapters 4.2, 4.3 and 4.5, respectively. Concrete information for the respective incident will be published during the incident via newsboard message. 

We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.

An instant update of the Market Status requires an enabled up-to date Java™ version within the browser.