Corporate actions
May 25, 2022

BHP Group Ltd: Share Distribution

The company BHP Group Ltd has entered into a share sale agreement for the merger of BHP`s Oil and Gas portfolio with Woodside Petroleum Ltd. In addition, BHP Group Ltd has announced an in-specie distribution whereby BHP shareholders will receive 1 share in Woodside Petroleum Ltd for every 5.534 BHP Group Ltd shares held.

More information about this share distribution is available on the company`s website www.bhp.com .

The share distribution will result in an adjustment of the affected Eurex-listed contracts.

Adjustment results (corrected standard options contract size and adjusted contract size):
Closing Price BHP: GBX 2721.5
Closing Price Woodside: AUD 28.99
FX-Rate: 0.5659
R-Factor: 0.89106563


Options BLT
Adjusted contract size:
Version 0  1000.0000 -> Version 1: 1122.2518

1000 0 ->  891 1     1200 0 -> 1069 1
1400 0 -> 1247 1     1500 0 -> 1337 1     1600 0 -> 1426 1
1700 0 -> 1515 1     1800 0 -> 1604 1     1900 0 -> 1693 1
2000 0 -> 1782 1     2100 0 -> 1871 1     2200 0 -> 1960 1
2300 0 -> 2049 1     2400 0 -> 2139 1     2500 0 -> 2228 1
2600 0 -> 2317 1     2700 0 -> 2406 1     2800 0 -> 2495 1
2900 0 -> 2584 1     3000 0 -> 2673 1     3100 0 -> 2762 1
3200 0 -> 2851 1     3300 0 -> 2941 1     3400 0 -> 3030 1
3600 0 -> 3208 1     3800 0 -> 3386 1     4000 0 -> 3564 1
4800 0 -> 4277 1     5600 0 -> 4990 1     


Futures adjusted contract size:
B3LT :  1000 -->  1122.2518 

Adjusted settlement price for series with Open Interest:
B3LT DEC22   2.656 --> 2.367
B3LT DEC23   2.506 --> 2.233


No adjustment in BLTH due to 0 Open Interest

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