The following information is based on a press release from Rezidor Hotel Group AB (Rezidor) published on December 23, 2016 and may be subject to change.
HNA Tourism Group Co, Ltd. has announced a mandatory cash offer to acquire all outstanding shares of Rezidor, whereby every one (1) Rezidor share held entitles their holder to a cash payment of SEK 34.86 per share. If Rezidor, 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, forwards and futures contracts in Rezidor (REZT) and (2) settle the contracts at Fair Value according to the attached.
For further information, please see the attached file.
