The following information is based on a press release from Renewable Energy Corporation (REC) published on March 31, 2010 and may be subject to change. The board of REC has proposed that the Extra General Meeting (EGM), planned for April 29, 2010, approves a rights issue where the terms of the rights issue and the subscription price are expected to be announced by the board on or about April 29, 2010. Provided that the EGM approves the proposed rights issue, NASDAQ OMX Derivatives Markets will carry out a re-calculation of options, forwards and futures in REC. For further information, please see the attached file.
Derivatives: Anticipated adjustment in Renewable Energy Corporation due to rights issue (28/10)
| Source: Derivatives