Corporate actions
Jun 13, 2022

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

The company Saipem S.p.A. announced a further share consolidation. This time, the company announced a 1-for-10 reverse stock split. 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 above-mentioned contracts. Further, the ISIN IT0005495657 has been assigned to the new Saipem S.p.A. shares and will serve as the new underlying of the affected Eurex-listed 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

IT0005495616

IT0005495657

DE000A18T280

DE000A18T280

SPEI

IT0005495616

IT0005495657

DE000A18T6U3

DE000A18T6U3

TSPE

IT0005495616

IT0005495657

DE000A2X1328

DE000A2X1328


Adjustment results

Closing Price: EUR 4.504
R-factor: 10

Options

Adjusted contract size SPEB
Version 0: 500.0000 -> Version 1: 50.0000
Version 1: 105.0000 -> Version 2: 10.5000

Adjusted exercise prices SPEB:
    280 0 ->  2800 1        320 0 ->  3200 1
    360 0 ->  3600 1        380 0 ->  3800 1          400 0 ->  4000 1
    420 0 ->  4200 1        440 0 ->  4400 1          460 0 ->  4600 1
    470 0 ->  4700 1        476 1 ->  4760 2          480 0 ->  4800 1
    490 0 ->  4900 1        500 0 ->  5000 1          510 0 ->  5100 1
    520 0 ->  5200 1        530 0 ->  5300 1          540 0 ->  5400 1
    550 0 ->  5500 1        560 0 ->  5600 1          570 0 ->  5700 1
    571 1 ->  5710 2        580 0 ->  5800 1          590 0 ->  5900 1
    600 0 ->  6000 1        610 0 ->  6100 1          620 0 ->  6200 1
    640 0 ->  6400 1        660 0 ->  6600 1          667 1 ->  6670 2
    680 0 ->  6800 1        720 0 ->  7200 1          800 0 ->  8000 1
    952 1 ->  9520 2      1000 0 -> 10000 1      1048 1 -> 10480 2
  1143 1 -> 11430 2     1333 1 -> 13330 2      1905 1 -> 19050 2

Futures

No adjustment to SPEI due to no open interest.


 

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