Bucharest Stock Exchange(BVB) announces that, starting with 5 of October 2017, the price correction factor c forSIF TRANSILVANIA S.A. (SIF3)which will be considered in calculating the BET-XT-TR index is 1.081800.
The value of cfor SIF3 was determined according to the 4.2.4 article of BVB index management rules:
'4.2.4 Distribution of cash dividends
If an index constituent decides to distribute cash dividends to its shareholders, regardless of their source, the price correction factor cis determined as follows:
where
P : closing price of symbol i at time T-1;
D : dividend payable for symbol i, for which time T is the ex-date'
For more information, please feel free to contact us atindices@bvb.ro.
Bucharest Stock Exchange published this content on 04 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 October 2017 17:49:04 UTC.
Original documenthttp://www.bvb.ro/AboutUs/MediaCenter/PressItem/Price-correction-factor-for-SIF3-shares-in-BET-XT-TR-index-starting-with-October-5th/4625
Public permalinkhttp://www.publicnow.com/view/C137BC76109D5BEB45EAD65FFEAFA61F26748484