The Saudi Exchange announces the adjusted reference price and contract size for (STCF) adjusted due to the capital increase for the underlying (Saudi Telecom Co.)

Wednesday, August 31, 2022 at 8:35 AM

In reference to (Saudi Telecom Co.) announcement on (Wednesday) 03/08/2022G of increasing its capital via bonus share.  
The single stock futures’ s contract code, reference price and contract size of (STC) on (Wednesday) 31/08/2022G will be adjusted as following: 

•    Before adjustment:
Contract name -   SSF reference price -  SSF size
(STCF2U)                   (104.2)                    (100)
(STCF2V)                   (104.6)                    (100)
(STCF2Z)                   (105.2)                    (100)
(STCF3H)                  (106.25)                  (100)

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

(STCF2U)             (STCF2UX)                       (41.70)                   (250)
(STCF2V)             (STCF2VX)                       (41.85)                   (250)
(STCF2Z)             (STCF2ZX)                       (42.10)                   (250)
(STCF3H)            (STCF3HX)                       (42.50)                   (250)