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https://infomemo.theocc.com/infomemos?number=50519
#50519
Date: June 01, 2022
Subject: BHP Group Limited – Distribution
Option Symbols: BHP/2BHP
New Symbols: BHP1/2BHP1
Date: 06/02/2022
* * * Update * * *
Contract Adjustment
Effective Date: June 2, 2022
Option Symbols: BHP changes to BHP1
2BHP changes to 2BHP1
Strike Prices: No Change
Number of
Contracts: No Change
Multiplier: 100 (e.g., a premium of 1.50 yields $150; a strike of 67.50 yields $6,750.00)
New Deliverable
Per Contract: 1) 100 BHP Group Limited (BHP) American Depositary Shares
2) Approximately 36 (New) Woodside Energy Group Limited (WDS)
American Depositary Shares
Settlement
Allocation: BHP: 95%
WDS: 5%
CUSIPs: BHP: 088606108
WDS: 980228308
Until the final distribution ratio has been determined, the underlying price for BHP1/2BHP1 will be
determined as follows:
BHP1 = BHP + 0.36 (WDS)
Delayed Settlement
The BHP component of the BHP1/2BHP1 deliverable will settle through National Securities Clearing
Corporation (NSCC). OCC will delay settlement of the WDS component of the BHP1/2BHP1 deliverable until
the final distribution rate has been determined. Upon determination of the final distribution ratio, OCC will
require Put exercisers and Call assignees to deliver the appropriate number of WDS shares.
Background
BHP Group Limited (BHP) has announced a distribution of (New) Woodside Energy Group Limited (WDS)
American Depositary Shares. The distribution ratio is approximately 0.3614 of a WDS share for each BHP
share held. The record date is May 26, 2022; the payable date is June 1, 2022. The NYSE has set June 2,
2022, as the ex-distribution date for this distribution. Fractional shares will be rounded down to the nearest
whole share
die Eurex paßt wohl den share Preis bei BHP an
https://www.eurex.com/resource/blob/3059...T_2_de.pdf
#50519
Date: June 01, 2022
Subject: BHP Group Limited – Distribution
Option Symbols: BHP/2BHP
New Symbols: BHP1/2BHP1
Date: 06/02/2022
* * * Update * * *
Contract Adjustment
Effective Date: June 2, 2022
Option Symbols: BHP changes to BHP1
2BHP changes to 2BHP1
Strike Prices: No Change
Number of
Contracts: No Change
Multiplier: 100 (e.g., a premium of 1.50 yields $150; a strike of 67.50 yields $6,750.00)
New Deliverable
Per Contract: 1) 100 BHP Group Limited (BHP) American Depositary Shares
2) Approximately 36 (New) Woodside Energy Group Limited (WDS)
American Depositary Shares
Settlement
Allocation: BHP: 95%
WDS: 5%
CUSIPs: BHP: 088606108
WDS: 980228308
Until the final distribution ratio has been determined, the underlying price for BHP1/2BHP1 will be
determined as follows:
BHP1 = BHP + 0.36 (WDS)
Delayed Settlement
The BHP component of the BHP1/2BHP1 deliverable will settle through National Securities Clearing
Corporation (NSCC). OCC will delay settlement of the WDS component of the BHP1/2BHP1 deliverable until
the final distribution rate has been determined. Upon determination of the final distribution ratio, OCC will
require Put exercisers and Call assignees to deliver the appropriate number of WDS shares.
Background
BHP Group Limited (BHP) has announced a distribution of (New) Woodside Energy Group Limited (WDS)
American Depositary Shares. The distribution ratio is approximately 0.3614 of a WDS share for each BHP
share held. The record date is May 26, 2022; the payable date is June 1, 2022. The NYSE has set June 2,
2022, as the ex-distribution date for this distribution. Fractional shares will be rounded down to the nearest
whole share
die Eurex paßt wohl den share Preis bei BHP an
https://www.eurex.com/resource/blob/3059...T_2_de.pdf
__________________
_________________________________________________________________________________________________
Corrections are usually over very quickly, and they're traditionally painless to long-term investors.
Experience is what you get, if you expect anything else!
Alles ist Zahl - die Vollkommenen --> 6; 28; 496; 8128; 33550336; 8589869056
Corrections are usually over very quickly, and they're traditionally painless to long-term investors.
Experience is what you get, if you expect anything else!
Alles ist Zahl - die Vollkommenen --> 6; 28; 496; 8128; 33550336; 8589869056
