Corporate actions
May 25, 2020

Vallourec SA: Reverse Stock Split and ISIN change

The company Vallourec SA has announced the plan for a reverse stock split at a ratio of 1:40. The reverse stock split will result in an adjustment of the above mentioned contracts.

More information about this transaction is available on the company`s website under www.vallourec.com.

Accordingly, the ISIN of the above mentioned contracts 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

VAC

FR0000120354

FR0013506730

FR0000120354

FR0013506730

VACH

FR0000120354

FR0013506730

DE000A1EYHX5

DE000A1EYHX5

V3AC

XC000A13RNB1

XC000A13RNB1

DE000A2BM1F3

DE000A2BM1F3

Adjustment result:


Closing Price Vallourec SA:    EUR 0.8096

R- Factor: 40.00000000

Adjusted contract size VAC
100.0000    Version 0  ->      2.5000   Version 1

Adjusted contract size VAC LEPO
100.0000    ->      2.4699   

Adjusted contract size VACH
100.0000  ->     2.5000

Adjusted settlement price for maturities with open interest VACH
Jun 20 :    0.7542    -> 30.1680


Adjusted series VAC
    1 0 ->    40 1        20 0 ->   800 1        40 0 ->  1600 1
   60 0 ->  2400 1        65 0 ->  2600 1        70 0 ->  2800 1
   75 0 ->  3000 1        80 0 ->  3200 1        85 0 ->  3400 1
   90 0 ->  3600 1        95 0 ->  3800 1       100 0 ->  4000 1
  105 0 ->  4200 1       110 0 ->  4400 1       115 0 ->  4600 1
  120 0 ->  4800 1       125 0 ->  5000 1       130 0 ->  5200 1
  135 0 ->  5400 1       140 0 ->  5600 1       160 0 ->  6400 1
  180 0 ->  7200 1       200 0 ->  8000 1       220 0 ->  8800 1
  240 0 ->  9600 1       260 0 -> 10400 1       280 0 -> 11200 1
  300 0 -> 12000 1       320 0 -> 12800 1       340 0 -> 13600 1
  360 0 -> 14400 1       400 0 -> 16000 1       440 0 -> 17600 1
  480 0 -> 19200 1       560 0 -> 22400 1       640 0 -> 25600 1
  720 0 -> 28800 1       960 0 -> 38400 1     


There is no adjustment in SSDF Futures on Vallourec SA (V3AC) due to no Open Onterest.

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.