Corporate actions
15 Jul 2022

Adva Optical Networking SE: Takeover (Update as of 14 July 2022)

Update as of 14 July 2022

In a media release dated 06 July 2022, the company Acorn HoldCo Inc. has announced that all offer conditions of the tender offer to the shareholders of Adva Optical Networking SE had been fulfilled and that the transaction would be settled. Accordingly, the affected options contracts will be adjusted as described in the Corporate Action Info 001. The adjustment will be effective 15 July 2022.

The details of the adjustment to the contracts are set out once more in Corporate Action Info 003 available for download below.


The companies Adva Optical Networking SE entered into a business combination agreement in order to merge both companies under a new Holding. Therefore, Adtran has launched a voluntary public takeover offer, whereby Adva Optical Networking SE shareholders are offered 0.8244 Acorn HoldCo shares which shall be listed at the Frankfurt Stock Exchange per one existing Adva Optical Networking SE-share. The Offer period ends on 12.01.2022.  

More information about this transaction is available on the company`s website under www.acorn-offer.com.

Adjustment results:

R-factor: 1.21300340

Adjusted contract size: version 0 100 -> version 1 82.44

 280 0 ->  340 1      320 0 ->  388 1      360 0 ->  437 1
 400 0 ->  485 1      480 0 ->  582 1      560 0 ->  679 1
 640 0 ->  776 1      720 0 ->  873 1      800 0 ->  970 1
 900 0 -> 1092 1     1000 0 -> 1213 1     1100 0 -> 1334 1
1150 0 -> 1395 1     1200 0 -> 1456 1     1220 0 -> 1480 1
1240 0 -> 1504 1     1250 0 -> 1516 1     1260 0 -> 1528 1
1280 0 -> 1553 1     1300 0 -> 1577 1     1320 0 -> 1601 1
1340 0 -> 1625 1     1350 0 -> 1638 1     1360 0 -> 1650 1
1380 0 -> 1674 1     1400 0 -> 1698 1     1420 0 -> 1722 1
1440 0 -> 1747 1     1450 0 -> 1759 1     1460 0 -> 1771 1
1480 0 -> 1795 1     1500 0 -> 1820 1     1520 0 -> 1844 1
1540 0 -> 1868 1     1550 0 -> 1880 1     1560 0 -> 1892 1
1580 0 -> 1917 1     1600 0 -> 1941 1     1620 0 -> 1965 1
1640 0 -> 1989 1     1650 0 -> 2001 1     1660 0 -> 2014 1
1700 0 -> 2062 1     1750 0 -> 2123 1     1800 0 -> 2183 1
1850 0 -> 2244 1     1900 0 -> 2305 1     1950 0 -> 2365 1
2000 0 -> 2426 1     2200 0 -> 2669 1     2400 0 -> 2911 1

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.