A member of
The companies Sygenta and China National Chemical Corporation announced on 05 May 2017 the provisional interim results of the public exchange offer to the Syngenta shareholders. According to the notice, shareholders accepted the offer. The definitive notice of the interim result will be published on 10 May 2017. Trading in the above mentioned contracts will be halted on 09 May 2017 after market close. The settlement details will be provided on 10 May 2017 |
The companies Syngenta and China National Chemical Corporation announced on 10 May 2017 the definitive interim result and confirmed the closing and the settlement of the public takeover Offer of Syngenta AG. Accordingly, as described in Corporate Action announcements 001-003 and pursuant to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland and Eurex Zürich, number 1.6.7 (7) and 2.6.10.1 (7) existing positions in the series for the Eurex option contract and Future contract on shares of Syngenta AG will be settled at the theoretical fair value. The theoretical fair value is based on the total Offer price which is calculated as follows:
Total Offer price = CHF 467,863 (USD 465.00 converted to CHF) + special dividend CHF 5.00 = CHF 472.863 Settlement of the options contract will take place effective 11 May 2017 based on the settlement prices of 10 May 2017. On 10 May 2017, all participants with open positions will receive a FAX containing an overview of their respective open positions. Booking of the cash amount will take place on 10 May 2017 with value date 11 May 2017. In the end-of-day batch processing of 11 May 2017, the positions will be booked out effective 12 May 2017. For a list of theoretical fair values (final settlement prices) for the respective series of the Eurex option contract on shares of Syngenta AG with open interest, please refer to the attachment.
Futures All mutual rights and obligations under the contracts are deemed to be performed upon the last daily settlement payment. Final settlement price for series with open positions SYNG DEC17 = 470.7077 There are no open positions in S2YN
|
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.