Underlying/OBX constituent : Orkla ASA (ORK)
Corporate action : 5:1 split and NOK 10 (cum-split) cash dividend
AGM date/cum-date : 19 April 2007
Ex-date : 20 April 2007
Earlier exchange notices : 6/07
Stock derivative adjustments
Cum-date, 19 April :
j = Split factor = 5
If = Strike/forward price before adjustment
Kf = Number of contracts before adjustment
Ex-date, 20 April :
Ie = Adjusted strike/forward price = If / j
Ke = Adjusted number of contracts = Kf • j
The adjusted forward and option series will be assigned new ISIN and marked with the letter X for deviating contract specifications. New ISIN and series designations are attached blow.
