Corporate actions
Oct 29, 2018

Praxair Inc.: Merger

On 22 October 2018 Linde AG and Praxair Inc. announced that the merger of both companies is scheduled to be implemented on 29 October 2018. Due to this merger an Underlying ISIN-change and a name change will be processed for the option contract on Linde AG as specified in the attached table. More information about this transaction is available on the company`s website under www.lindepraxairmerger.com.

Productcode old/new

Underlying ISIN old

Underlying ISIN neu

Product-ISIN old/new

Name old

Name new

PXFF

US74005P1049

IE00BZ12WP82

DE000A0YK959

Praxair Inc.

Linde PLC

Legally the Underlying ISIN-Change will take place as described, but due to technical restrictions, the Underlying ISIN will not be changed in the Eurex System. It will stay at the current Underlying ISIN US74005P1049. The Settlementprice will be based on the referenceprice at the Frankfurt Stock Exchange. This price will be converted to USD by the respective ECB-Reference rate (fixing).

 

  • As soon as no more contract months with open interest exists in the original contract (PXFF), trading in this contract will be put on “HALT” and finally discontinued. Furthermore, no new contract months will be introduced in the original contracts PXFF and maturities without open interest will be suspended.

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