Derivatives: Anticipated adjustment in Vostok (51/07)


At Vostok Nafta Investment Ltd’s (Vostok) ExtraGeneral Meeting the proposed spin-off of the non-Gazprom related part of Vostok’s portfolio to a new company, was approved. Every share in Vostok gives the owner right to subscribe for one (1) share in the new company, Vostok Nafta Holding Investment Ltd (New Vostok) at SEK 22.00. Record date is May 29, 2007. Stockholm Stock Exchange will carry out a re-calculation of options and futures in Vostok and adjust the OMXS30 Index. 

Stockholm Stock Exchange has not received enough valuations so the adjustment will be carried out without interval for share price fluctuation.

Attachments

wkr0001.pdf