Derivatives: Anticipated adjustment in Nets due to offer (18/17)


The following information is based on the press release from Nets A/S (Nets) published on September 25, 2017 and may be subject to change. 

Evergood 5 A/S has announced a voluntary cash offer to acquire all outstanding shares of Nets, whereby every one (1) Nets share held entitles their holder to a cash payment of DKK 165.00 per share. If Nets, 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 Derivatives Markets will (1) set a new expiration day for options and forwards/future contracts in Nets (NETS) and (2) settle the contracts at Fair Value according to below.

For further information please see the attached file.


Attachments

18_Nets_offer_1.pdf