Adjustment

[GEELY-H1A] Adjustment on 21-Jun-2024

Announcement Date: 21-May-2024
Related Stock:
GEELY-H1A
GEELY-H1A: PW GEELY AUTOMOBILE HOLDINGS LIMITED (MACQ)
Share Registrar:
GEELY-H1A
GEELY-H1A: PW GEELY AUTOMOBILE HOLDINGS LIMITED (MACQ)
Amount

0.0000 : 0.0000

  • Ex Date
    21-Jun-2024
  • Entitlement Date
    24-Jun-2024
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALIZED CASH SETTLED PUT WARRANTS EXPIRING ON 02 AUGUST 2024 OVER ORDINARY SHARES ("SHARES") OF GEELY AUTOMOBILE HOLDINGS LIMITED ("GEELY") ("GEELY- H1A") PURSUANT TO A SPECIAL DIVIDEND IN THE FORM OF (I) A DISTRIBUTION IN SPECIE OF ONE (1) AMERICAN DEPOSITORY SHARE (ADS) OF ZEEKR INTELLIGENT TECHNOLOGY HOLDING LTD. FOR EVERY 22,000 SHARES HELD IN GEELY OR (II) CASH DISTRIBUTION EQUIVALENT TO HKD 7.474 PER 1,000 SHARES HELD IN GEELY ("SPECIAL DIVIDEND").

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment