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Derivatives: Adjustment in Scania due to offer (43/14)

May 23, 2014

As communicated in Exchange Notice 14/14, Volkswagen Aktiengesellschaft (Volkswagen) has announced a cash offer to acquire all outstanding shares of Scania AB (Scania), whereby every one (1) Scania share held entitles their holder to a cash payment of SEK 200. On May 13, 2014, Volkswagen announced that all conditions for completion of the Offer have been fulfilled. The last trading day for the Scania share is June 5, 2014. NASDAQ OMX Derivatives Markets have set the new Expiration Day for Option, Forward and Futures contracts in Scania to May 23, 2014 and have calculated the contracts at Fair Value which is described in the attached file. Following the adjustment, an ordinary Expiration procedure have been performed, in addition, there will be a cash settlement of the difference between the contracts theoretical value (Fair Value) and intrinsic value. For further information concerning this exchange notice please see the attached file, or contact Emelie Bergstrand +46 8 405 6886 or Andreas Karlsson +46 8 405 7378 Copyright © 2014 OMX AB (publ).


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Source: OMX


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