Derivatives: Anticipated adjustment in Sanitec due to offer (13/14)


The following information is based on a press release from Geberit Aktiengesellschaft dated October 14, 2014 and may be subject to change.

Geberit has announced a cash offer to acquire all outstanding shares of Sanitec Oyj (Sanitec), whereby every one (1) Sanitec share held entitles their holder to a cash payment of SEK 97. If Sanitec, as a result of the offer, requests for a de-listing of the underlying share or if the trading in the same is considered to be insufficient to support related derivatives trading, NASDAQ OMX Derivatives Markets will (1) set a new expiration day for options, forwards and futures contracts in Sanitec (SNTC) and (2) settle the contracts at Fair Value according to below.

For further information, please see the attached file


Attachments

13_Sanitec_offer_1.pdf
GlobeNewswire