Template:Nutshell Equity Derivatives Component Adjustment: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "''For {{eqderivprov|Merger Event}}s:'' {{Nutshell Equity Derivatives 12.2(g)}} ''For {{eqderivprov|Tender Offer}}s:'' {{Nutshell Equity Derivatives 12.3(f)}}") |
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Latest revision as of 14:27, 3 May 2022
For Merger Events:
- 12.2(g) “Component Adjustment”, then, where a Merger Event is “Share-for-Combined”, the option chosen for “Share-for-Share” will apply to the New Shares component and the option chosen for “Share-for-Other” will apply to the Other Consideration component (as the Calculation Agent determines).
For Tender Offers:
- 12.3(f) “Component Adjustment”, then for a Share-for-Combined Tender Offer:
- (i) “Share-for-Share” will apply to the part of the consideration comprising New Shares and
- (ii)“Share-for-Other” will apply to the part of the consideration comprising Other Consideration.