Trading – Interest Rate Derivatives Trading – Equity and Index Derivatives Back-office – Futures
Back-office - Options Technology Regulation
CIRCULAR 066-16 May 24, 2016
FINAL CONTRACT ADJUSTMENT RONA Inc. (RON) Plan of Arrangement THE FOLLOWING INFORMATION IS PREPARED FOR THE CONVENIENCE OF CANADIAN DERIVATIVES CLEARING CORPORATION (CDCC) MEMBERS AND BOURSE DE MONTRÉAL INC. (THE BOURSE) APPROVED PARTICIPANTS. THIS DOCUMENT IS AN UNOFFICIAL SUMMARY OF CERTAIN TERMS OF THE AFOREMENTIONED ADJUSTMENT. CDCC AND THE BOURSE ACCEPT NO RESPONSIBILITY FOR THE ACCURACY OR COMPLETENESS OF THE SUMMARY. CDCC MEMBERS AND BOURSE APPROVED PARTICIPANTS MUST ENSURE THEY HAVE REVIEWED THE DOCUMENTATION PUBLISHED BY THE ISSUERS INVOLVED IN THIS CORPORATE ACTION. The Bourse and CDCC wish to inform you that the common shares of RONA Inc. ("RONA") will be delisted from the Toronto Stock Exchange at the close of business May 24, 2016 as a result of a plan of arrangement through which Lowe's Companies Inc. ("Lowe's") acquired all of the issued and outstanding shares of RONA. Under the terms of the agreement, RONA shareholders will receive for each RONA’s Share, $24.00 CDN in cash.
RONA Inc. ("RONA") CDCC - Adjustment Details: Pursuant to Terms of Adjustment provided in Section A-902 of the Rules of CDCC, all RONA options will be adjusted as follows: EFFECTIVE DATE:
May 25, 2016
OPTIONS SYMBOL:
RON1
NUMBER OF CONTRACTS:
Unchanged
MULTIPLIER:
100 Tour de la Bourse P.O. Box 61, 800 Victoria Square, Montréal, Quebec H4Z 1A9 Telephone: (514) 871-2424 Toll-free within Canada and the U.S.A.: 1 800 361-5353 Website: www.m-x.ca
Circular no.: 066-16
Page 2
NEW DELIVERABLE PER CONTRACT:
A cash consideration of approximately $ 2,400 CDN.
STRIKE PRICES:
Unchanged
POSITION AND EXERCISE LIMITS:
The position and exercise limits will be fixed at 250,000 contracts.
CUSIP :
NOTACUSIP
CDCC will not accept escrow receipts on these adjusted series
ACCELERATED EXPIRY Please note that on June 17, 2016, an acceleration of the expiration dates for the following outstanding option series will be applied. RONA Inc. – RON1 Existing American-style RONA Inc. options remain exercisable at the option of the holder prior to their expiration. Exercised options will continue to settle in three business days. Bourse de Montréal Inc. - Adjustment Details: It is important to note that on the effective date mentioned above, all open orders on this option class will not be automatically modified to reflect the plan of arrangement and will therefore have to be reentered into the Montreal Automated System (SAM) by the approved participants.
The existing series of RONA Inc.will trade under the new class symbol RON1 to represent the new deliverable, due to the accelerated expiry. Please note that only closing transactions will be permitted on the class. Actual series that do not have open interest will be removed from the trading list. Please note RONA Inc. - RON is part of our Penny Program and therefore the new symbol RON1 will be in the Program.
PLEASE ENSURE THAT ALL CLIENTS WHO HAVE EITHER LONG OR SHORT POSITIONS IN THIS OPTION CLASS ARE ADVISED OF THIS NOTICE. For further information, please contact Louise Leclair, Trading Systems Analyst Market Operations, Bourse de Montréal Inc. at (514) 871-3526. CDCC clearing members may contact the Member Services Department.
Jean-François Bertrand Vice-President, Market Operations, Services and Connectivity, Financial Markets
Feb 24, 2009 - Toll-free within Canada and the U.S.A.: 1 800 361-5353 ... equity options on Industrial Alliance Insurance and Financial Services Inc. (IAG).
Mar 10, 2009 - Toll-free within Canada and the U.S.A.: 1 800 361-5353. Website: www.m-x. ... codes to identify each series, the Bourse and CDCC will create a ...
Mar 10, 2009 - Website: www.m-x.ca. Trading ... codes to identify each series, the Bourse and CDCC will create a new symbol â PWX â for all additional ...
Feb 24, 2009 - P.O. Box 61, 800 Victoria Square, Montréal, Quebec H4Z 1A9. Telephone: (514) 871-2424. Toll-free within Canada and the U.S.A.: 1 800 361- ... equity options on Industrial Alliance Insurance and Financial Services Inc. (IAG). Due to rec
Mar 30, 2009 - Code call. Month. Code. Put. Strike. Price. Old. Class. Symbol. New. Class. Symbol. Old Strike. Price Code. New Strike. Price Code. April. D. P. $15.00 SUZ. SU. C. C. May. E. Q. $16.00 SUZ. SU. M. Y. June. F. R. $17.00 SUZ. SU. O. W. S
Jun 2, 2017 - Toll-free within Canada and the U.S.A.: 1 800 361-5353 ... CUSIP on the Toronto Stock Exchange at the opening of business on June 5, 2017.
6 days ago - Telephone: (514) 871-2424. Toll-free within ... the Montreal Automated System (SAM) by the approved participants. The existing series of MDA ... Maxar Technologies Ltd. Actual Strike. Prices. Actual Class. Symbol. New class.
Sep 16, 2015 - The Bourse and CDCC wish to inform you that Empire Company ... June 24, 2015 that the due bill trading procedures will apply to its stock split.
May 7, 2015 - Toll-free within Canada and the U.S.A.: 1 800 361-5353 ... will be delisted from the Toronto Stock Exchange at the close of business on Friday, ...
Nov 1, 2016 - The last update informs that all the conditions precedent to completion of the Transaction have been satisfied or are in ... News release of September 26, 2016 remain unchanged. So that ... Technology ... Website: www.m-x.ca ...
Jun 3, 2013 - Bourse) of some requirements regarding LOPR data reporting accuracy. According to article 14102 of ..... CDN Margin. 789101. ABC123. TFSA.
Dec 5, 2016 - Website: www.m-x.ca ... It is important to note that on the effective date mentioned above, all open orders on this option class will not be ...
Jul 27, 2018 - close of the market on July 26, 2018. MedReleaf Corp. (LEAF). CDCC - Adjustment Details: Pursuant to Terms of Adjustment provided in ...
Dec 18, 2017 - FINAL CONTRACT ADJUSTMENT. Labrador Iron Ore Royalty Corporation (LIF). Special Cash Dividend. THE FOLLOWING INFORMATION IS PREPARED FOR THE CONVENIENCE OF. CANADIAN DERIVATIVES CLEARING CORPORATION (CDCC) MEMBERS AND. BOURSE DE MONTRÃ
Nov 25, 2015 - CANADIAN DERIVATIVES CLEARING CORPORATION (CDCC) MEMBERS AND. BOURSE DE ... Telephone: (514) 871-2424. Toll-free ... entered into the Montreal Automated System (SAM) by the approved participants.
May 16, 2018 - The associated symbol and strike prices for these options will be listed as follows: New Classes. Company name. Symbol. Months. Strike Prices.
Jul 27, 2018 - CDCC - Adjustment Details â Share Futures: ⢠EFFECTIVE ... removed from trading on July 26, 2018 at the end of business. Should there be ...