The Saudi Exchange announces the adjusted reference price and contract size for (ARMF) adjusted due to the capital increase for the underlying (Saudi Aramco)

Tuesday, May 09, 2023 at 8:26 AM

In reference to (Saudi Aramco) announcement on (Sunday) 16/04/2023G of increasing its capital via bonus share.  
The single stock futures’ s contract code, reference price and contract size of (Aramco) contracts on (Tuesday) 09/05/2023G will be adjusted as following: 

•    Before adjustment:
Contract name -   SSF reference price -  SSF size
(ARMF3K)     –      (35.85)   –   (100)
(ARMF3M)   –     (36.00)   –   (100)
(ARMF3U)    –    (36.60)   –  (100)
(ARMF3Z)     –      (37.10)   – (100)

•    After adjustment:
Contract name -  New contract name -  SSF reference price -  SSF size

(ARMF3K) – (ARMF3KX) - (32.6) – (110)
(ARMF3M) – (ARMF3MX) - (32.75) – (110)
(ARMF3U) – (ARMF3UX) - (33.25) – (110)
(ARMF3Z) – (ARMF3ZX) - (33.75) – (110)