Corporate actions
Mar 30, 2015

Telefonica: Rights Issue

On 26 March 2015, the company Telefonica SA announced the details of its capital increase with pro rata subscription rights for Telefonica SA shareholders. The subscription ratio will be 16:1, subscription price of the new shares will be EUR 10.84.
The transaction will result in an adjustment of the Eurex options, the  Eurex Single Stock Futures contracts and the Eurex Single Stock Dividend Futures contract on shares of Telefonica SA (TNE5, TEFF, TEFP, T2NE).
Ex date will be 30 March 2015.

Adjustment Result:

Closing price: 13.425
R-Factor: 0.98867346
adjusted contract size for TEFF/TNE5: 101.1456
adjusted contract size for T2NE: 1011.4563

no adjustment in TEFP due to no open interest

TEFF adjusted Stl. Prices for series with OI.

APR15 13.4265--> 13.2744
JUN15 13.0308--> 12.8832
AUG15 13.0351-->12.8875

T2NE adjusted Stl. Prices
DEC15 0.750 --> 0.742
DEC16 0.683 --> 0.675
DEC17 0.580 --> 0.573
DEC18 0.520 --> 0.514
DEC19 0.520 --> 0.514

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