Corporate actions
May 23, 2022

Saipem S.p.A.: Reverse Stock Split, ISIN Change

The company Saipem S.p.A. has announced a reverse stock split at a ratio of 21 for 100 shares.

More information about this reverse stock split is available on the company`s website www.saipem.com.

The reverse stock split will result in an adjustment of the affected Eurex-listed contracts. Further, the ISIN IT0005495616 has been assigned to the new Saipem S.p.A. shares and will serve as the new underlying of the affected contracts. The contracts’ reference data will change as specified in the following table:

Product code
old/new

ISIN of the underlying instrument old

ISIN of the underlying instrument new

Product-ISIN old

Product-ISIN new

SPEB

IT0005252140

IT0005495616

DE000A18T280

DE000A18T280

SPEI

IT0005252140

IT0005495616

DE000A18T6U3

DE000A18T6U3

TSPE

IT0005252140

IT0005495616

DE000A2X1328

DE000A2X1328


Adjustment result:

R-factor 4.76190476

Adjusted contract size SPEB
Version 0: 500.0000 -> Version 1: 105.0000

no adjustment of SPEI due to 0 Open Interest

Adjusted exercise prices SPEB

  20 0 ->   95 1       40 0 ->  190 1
  50 0 ->  238 1       60 0 ->  286 1       70 0 ->  333 1
  80 0 ->  381 1       85 0 ->  405 1       90 0 ->  429 1
  95 0 ->  452 1      100 0 ->  476 1      104 0 ->  495 1
 105 0 ->  500 1      106 0 ->  505 1      108 0 ->  514 1
 110 0 ->  524 1      112 0 ->  533 1      114 0 ->  543 1
 115 0 ->  548 1      116 0 ->  552 1      118 0 ->  562 1
 120 0 ->  571 1      125 0 ->  595 1      130 0 ->  619 1
 135 0 ->  643 1      140 0 ->  667 1      145 0 ->  690 1
 150 0 ->  714 1      160 0 ->  762 1      170 0 ->  810 1
 180 0 ->  857 1      190 0 ->  905 1      200 0 ->  952 1
 220 0 -> 1048 1      240 0 -> 1143 1      260 0 -> 1238 1

 280 0 -> 1333 1      320 0 -> 1524 1      360 0 -> 1714 1
 400 0 -> 1905 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.