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Innogy SE: Takeover

Release date: 19 Sep 2019

Innogy SE: Takeover

The companies E.ON SE and RWE AG announced in a combined press release, that E.ON SE intends to acquire Innogy SE via a takeover offer at a price of EUR 40.00 per share. This price includes an expected combined dividend of EUR 3,24 for the business years 2017 and 2018.

More information about this transaction is available on the company`s website under www.eon.com.

This information describes the potential effects this transaction will have on the above mentioned contracts.


Today, E.ON Verwaltungs SE announced that all conditions for the voluntary public takeover offer to the Innogy SE shareholders have been fulfilled. Accordingly, as described in Corporate Action Info 001-002 and pursuant to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland and Eurex Zürich, number 2.6.10.1 (7) existing positions in the series for the Eurex option contract on shares of Innogy SE will be settled at theoretical fair value. Basis for the calculation is the final offer price of EUR 37.00.

Settlement of the options contract will take place effective 20 September 2019 based on the settlement prices of 18 September 2019.

On 19 September 2019, all participants with open positions will receive an information containing an overview of their respective open positions. Booking of the cash amount will take place on 19 September 2019 with value date 20 September 2019. In the end-of-day batch processing of 23 September 2019, the positions will be booked out effective 24 September 2019.

On 19 September 2019 E.ON Verwaltungs SE announced an increase of the final offer price from EUR 37.00 to EUR 37.59. Accordingly, as described in Corporate Action Info 001-003 and pursuant to the Contract Specifications for Futures Contracts and Options Contracts at Eurex Deutschland and Eurex Zürich, number 2.6.10.1 (7) existing positions in the series for the Eurex option contract on shares of Innogy SE will be settled at the updated theoretical fair value. Basis for the calculation is the updated final offer price of EUR 37.59.

The booking of difference to the already booked Settlement of the options contract will take place effective 25 September 2019.

On 24 September 2019, all participants with open positions will receive an updated information containing an overview of their respective open positions. Booking of the cash amount will take place on 24 September 2019 with value date 25 September 2019.


Final Settlementprices Innogy SE:

Updated final Offer price: EUR 37.59


Final Settlementprices Innogy SE:

Updated final Offer price: EUR 37.59

Updated final Settlement prices for series with Open Interest

Contract

Settlement Price

Implied Vola

C IGY DEC19 1600

21.59

41.04

C IGY DEC19 1800

19.59

38.52

C IGY DEC19 2000

17.59

37.27

C IGY DEC19 2200

15.59

35.80

C IGY DEC19 2400

13.59

34.92

C IGY DEC19 2600

11.60

34.21

C IGY DEC19 2800

9.65

33.63

C IGY DEC19 3000

7.78

33.36

C IGY DEC19 3200

6.05

33.15

C IGY DEC19 3400

4.52

33.20

C IGY DEC19 3600

3,23

33.19

C IGY DEC19 3800

2.29

33.30

C IGY DEC19 4000

1.55

33.51

C IGY DEC19 4200

1,02

33.62

C IGY DEC19 4400

0.62

33.98

C IGY DEC19 4600

0.38

34.24

C IGY DEC19 4800

0.22

34.44

C IGY DEC19 5200

0.08

35.21

C IGY DEC19 6000

0.01

36.53

P IGY DEC19 1600

0.01

41.04

P IGY DEC19 1800

0.01

38.52

P IGY DEC19 2000

0.01

37.27

P IGY DEC19 2200

0.01

35.80

P IGY DEC19 2400

0.01

34.92

P IGY DEC19 2600

0.02

34.21

P IGY DEC19 2800

0.09

33.63

P IGY DEC19 3000

0.24

33.36

P IGY DEC19 3200

0.51

33.15

P IGY DEC19 3400

1,01

33.20

P IGY DEC19 3600

1.72

33.19

P IGY DEC19 3800

2.73

33.30

P IGY DEC19 4000

3.95

33.51

P IGY DEC19 4200

5.42

33.62

P IGY DEC19 4400

7.07

33.98

P IGY DEC19 4600

8.83

34.24

P IGY DEC19 4800

10.68

34.44

P IGY DEC19 5200

14.41

35.21

P IGY DEC19 6000

22.41

36.53

 

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