Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Aerospace re-announced the planned schedule for market measures—including adjustments to reference prices, contract multipliers, and exercise prices for stock futures and options—set to take effect on the ex-rights date (April 23, 2025) following its capital increase decision.
📊 [Key Disclosure Contents & Major Figures Summary]
- Target Company: Hanwha Aerospace (012450)
- Disclosure Type: Advance Notice of Market Measures on Stock Futures and Options
- Reason for Action: Hanwha Aerospace’s (Corrected) Decision on Capital Increase (2025-04-08)
- Scheduled Effective Date: April 23, 2025 (Wednesday, ex-rights date of underlying stock)
1. Planned Adjustment Formulas for Reference Price, Contract Multiplier & Exercise Price
- Reference Price Formula: Adjusted Reference Price = Pre-adjustment Reference Price × (Adjusted Reference Price of Underlying Stock ÷ Closing Price of Underlying Stock on Day Prior to Ex-Rights Date)
- Target: All contract months for futures and options
- Contract Multiplier Formula: Adjusted Contract Multiplier = Pre-adjustment Contract Multiplier × (Closing Price of Underlying Stock on Day Prior to Ex-Rights Date ÷ Adjusted Reference Price of Underlying Stock)
- Futures Target: Contracts with open interest at market close on April 22, 2025
- Options Target: All contract months
- Exercise Price Formula: Adjusted Exercise Price = Pre-adjustment Exercise Price × (Adjusted Reference Price of Underlying Stock ÷ Closing Price of Underlying Stock on Day Prior to Ex-Rights Date)
- Target: All contract months
- Special Setting of Exercise Prices (New Listing): If multipliers are adjusted, new exercise prices with a standard multiplier of 10 will be set (at least 9 series for 1st-3rd months, at least 3 series for 4th-6th months)
2. Planned Delisting of Stock Futures Spread Contracts
- Delisting of futures spread contracts where nearest-month and distant-month contracts have different multipliers
3. Other Notes & Upcoming Schedule
- Open Interest / Order Limit / Last Trading Day / Trading Suspension: None (-)
- Scheduled Detailed Announcement Date: April 22, 2025 (Day prior to ex-rights date)
- Regulatory Basis: Articles 25, 30, 35, 62, 70 of Derivatives Market Business Regulations
- Other Remarks: The above plan is subject to change depending on the progress of Hanwha Aerospace’s capital increase.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Scheduled Derivative Market Measures Timeline and Formulas
This disclosure provides advance notice regarding planned market measures—including reference price, contract multiplier, and exercise price adjustments for stock futures and options—resulting from the underlying stock’s capital increase. Checking the adjustment formulas and target scope scheduled for the ex-rights date (April 23, 2025) is necessary for understanding the outline of scheduled derivative contract adjustments. Detailed measure details can be verified in the follow-up detailed announcement scheduled to be released on April 22, 2025 (the day prior to the ex-rights date).
📢 Risk Disclaimer & Source Notice
Source: This content was structured and generated based on official disclosure data from the Financial Supervisory Service DART system.
Investment Risk Warning: This material is provided solely for informational and educational purposes. Under no circumstances does it constitute financial advice, investment recommendations, or solicitation to buy or sell securities. All investment decisions and financial liabilities remain entirely with the investor.
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