Participant
Technical Services
Credential Services
Listed Company
Professional Adviser
Information Provider
Information Services
AMO
Notice
ASX Participants were advised via Notice No. 0702.24.06 of the proposed method of termination for ETOs over Alumina Limited (ASX Code: AWC) under the Scheme of Arrangement with NYSE listed Alcoa Corporation (NYSE: AA).
Participants are advised that the scheme is now legally effective.
Termination Prices of Series
AWC ETO series have been terminated at its intrinsic value, using an underlying price of $1.45 – AWCs last traded price for Tuesday, 23 July 2024.
Option positions held at the market close on Tuesday, 23 July 2024 will be closed out and cash settled at the securities intrinsic value. Takers will be credited and writers will be debited. The cash movements will be settled by ASXCL on Wednesday, 24 July 2024
Please refer to the table below for the intrinsic values of each series:
| Calls Strike ($) | Contract Size | Intrinsic Value ($) | Cash Settlement Amount per lot ($) (2 decimal places) |
|---|---|---|---|
$0.01 |
100 |
$1.44 |
$144.00 |
$0.30 |
100 |
$1.15 |
$115.00 |
$0.35 |
100 |
$1.10 |
$110.00 |
$0.40 |
100 |
$1.05 |
$105.00 |
$0.41 |
100 |
$1.04 |
$104.00 |
$0.45 |
100 |
$1.00 |
$100.00 |
$0.50 |
100 |
$0.95 |
$95.00 |
$0.51 |
100 |
$0.94 |
$94.00 |
$0.55 |
100 |
$0.90 |
$90.00 |
$0.56 |
100 |
$0.89 |
$89.00 |
$0.60 |
100 |
$0.85 |
$85.00 |
$0.61 |
100 |
$0.84 |
$84.00 |
$0.65 |
100 |
$0.80 |
$80.00 |
$0.66 |
100 |
$0.79 |
$79.00 |
$0.70 |
100 |
$0.75 |
$75.00 |
$0.71 |
100 |
$0.74 |
$74.00 |
$0.75 |
100 |
$0.70 |
$70.00 |
$0.76 |
100 |
$0.69 |
$69.00 |
$0.80 |
100 |
$0.65 |
$65.00 |
$0.81 |
100 |
$0.64 |
$64.00 |
$0.85 |
100 |
$0.60 |
$60.00 |
$0.86 |
100 |
$0.59 |
$59.00 |
$0.90 |
100 |
$0.55 |
$55.00 |
$0.91 |
100 |
$0.54 |
$54.00 |
$0.95 |
100 |
$0.50 |
$50.00 |
$0.96 |
100 |
$0.49 |
$49.00 |
$1.00 |
100 |
$0.45 |
$45.00 |
$1.01 |
100 |
$0.44 |
$44.00 |
$1.05 |
100 |
$0.40 |
$40.00 |
$1.06 |
100 |
$0.39 |
$39.00 |
$1.10 |
100 |
$0.35 |
$35.00 |
$1.11 |
100 |
$0.34 |
$34.00 |
$1.15 |
100 |
$0.30 |
$30.00 |
$1.16 |
100 |
$0.29 |
$29.00 |
$1.20 |
100 |
$0.25 |
$25.00 |
$1.21 |
100 |
$0.24 |
$24.00 |
$1.25 |
100 |
$0.20 |
$20.00 |
$1.26 |
100 |
$0.19 |
$19.00 |
$1.30 |
100 |
$0.15 |
$15.00 |
$1.31 |
100 |
$0.14 |
$14.00 |
$1.35 |
100 |
$0.10 |
$10.00 |
$1.36 |
100 |
$0.09 |
$9.00 |
$1.40 |
100 |
$0.05 |
$5.00 |
$1.41 |
100 |
$0.04 |
$4.00 |
$1.45 |
100 |
$0.00 |
$0.00 |
$1.46 |
100 |
$0.00 |
$0.00 |
$1.50 |
100 |
$0.00 |
$0.00 |
$1.51 |
100 |
$0.00 |
$0.00 |
$1.55 |
100 |
$0.00 |
$0.00 |
$1.56 |
100 |
$0.00 |
$0.00 |
$1.60 |
100 |
$0.00 |
$0.00 |
$1.61 |
100 |
$0.00 |
$0.00 |
$1.65 |
100 |
$0.00 |
$0.00 |
$1.66 |
100 |
$0.00 |
$0.00 |
$1.70 |
100 |
$0.00 |
$0.00 |
$1.71 |
100 |
$0.00 |
$0.00 |
$1.75 |
100 |
$0.00 |
$0.00 |
$1.76 |
100 |
$0.00 |
$0.00 |
$1.80 |
100 |
$0.00 |
$0.00 |
$1.81 |
100 |
$0.00 |
$0.00 |
$1.85 |
100 |
$0.00 |
$0.00 |
$1.86 |
100 |
$0.00 |
$0.00 |
$1.90 |
100 |
$0.00 |
$0.00 |
$1.91 |
100 |
$0.00 |
$0.00 |
$1.95 |
100 |
$0.00 |
$0.00 |
$1.96 |
100 |
$0.00 |
$0.00 |
$2.00 |
100 |
$0.00 |
$0.00 |
$2.01 |
100 |
$0.00 |
$0.00 |
$2.10 |
100 |
$0.00 |
$0.00 |
$2.11 |
100 |
$0.00 |
$0.00 |
$2.20 |
100 |
$0.00 |
$0.00 |
$2.21 |
100 |
$0.00 |
$0.00 |
$2.30 |
100 |
$0.00 |
$0.00 |
$2.31 |
100 |
$0.00 |
$0.00 |
$2.40 |
100 |
$0.00 |
$0.00 |
$2.41 |
100 |
$0.00 |
$0.00 |
$2.50 |
100 |
$0.00 |
$0.00 |
$2.51 |
100 |
$0.00 |
$0.00 |
$2.60 |
100 |
$0.00 |
$0.00 |
$2.61 |
100 |
$0.00 |
$0.00 |
$2.80 |
100 |
$0.00 |
$0.00 |
$2.81 |
100 |
$0.00 |
$0.00 |
$3.00 |
100 |
$0.00 |
$0.00 |
$3.01 |
100 |
$0.00 |
$0.00 |
| Puts Strike ($) | Contract Size | Intrinsic Value ($) | Cash Settlement Amount per lot ($) (2 decimal places) |
|---|---|---|---|
$3.01 |
100 |
$1.56 |
$156.00 |
$3.00 |
100 |
$1.55 |
$155.00 |
$2.81 |
100 |
$1.36 |
$136.00 |
$2.80 |
100 |
$1.35 |
$135.00 |
$2.61 |
100 |
$1.16 |
$116.00 |
$2.60 |
100 |
$1.15 |
$115.00 |
$2.51 |
100 |
$1.06 |
$106.00 |
$2.50 |
100 |
$1.05 |
$105.00 |
$2.41 |
100 |
$0.96 |
$96.00 |
$2.40 |
100 |
$0.95 |
$95.00 |
$2.31 |
100 |
$0.86 |
$86.00 |
$2.30 |
100 |
$0.85 |
$85.00 |
$2.21 |
100 |
$0.76 |
$76.00 |
$2.20 |
100 |
$0.75 |
$75.00 |
$2.11 |
100 |
$0.66 |
$66.00 |
$2.10 |
100 |
$0.65 |
$65.00 |
$2.01 |
100 |
$0.56 |
$56.00 |
$2.00 |
100 |
$0.55 |
$55.00 |
$1.96 |
100 |
$0.51 |
$51.00 |
$1.95 |
100 |
$0.50 |
$50.00 |
$1.91 |
100 |
$0.46 |
$46.00 |
$1.90 |
100 |
$0.45 |
$45.00 |
$1.86 |
100 |
$0.41 |
$41.00 |
$1.85 |
100 |
$0.40 |
$40.00 |
$1.81 |
100 |
$0.36 |
$36.00 |
$1.80 |
100 |
$0.35 |
$35.00 |
$1.76 |
100 |
$0.31 |
$31.00 |
$1.75 |
100 |
$0.30 |
$30.00 |
$1.71 |
100 |
$0.26 |
$26.00 |
$1.70 |
100 |
$0.25 |
$25.00 |
$1.66 |
100 |
$0.21 |
$21.00 |
$1.65 |
100 |
$0.20 |
$20.00 |
$1.61 |
100 |
$0.16 |
$16.00 |
$1.60 |
100 |
$0.15 |
$15.00 |
$1.56 |
100 |
$0.11 |
$11.00 |
$1.55 |
100 |
$0.10 |
$10.00 |
$1.51 |
100 |
$0.06 |
$6.00 |
$1.50 |
100 |
$0.05 |
$5.00 |
$1.46 |
100 |
$0.01 |
$1.00 |
$1.45 |
100 |
$0.00 |
$0.00 |
$1.41 |
100 |
$0.00 |
$0.00 |
$1.40 |
100 |
$0.00 |
$0.00 |
$1.36 |
100 |
$0.00 |
$0.00 |
$1.35 |
100 |
$0.00 |
$0.00 |
$1.31 |
100 |
$0.00 |
$0.00 |
$1.30 |
100 |
$0.00 |
$0.00 |
$1.26 |
100 |
$0.00 |
$0.00 |
$1.25 |
100 |
$0.00 |
$0.00 |
$1.21 |
100 |
$0.00 |
$0.00 |
$1.20 |
100 |
$0.00 |
$0.00 |
$1.16 |
100 |
$0.00 |
$0.00 |
$1.15 |
100 |
$0.00 |
$0.00 |
$1.11 |
100 |
$0.00 |
$0.00 |
$1.10 |
100 |
$0.00 |
$0.00 |
$1.06 |
100 |
$0.00 |
$0.00 |
$1.05 |
100 |
$0.00 |
$0.00 |
$1.01 |
100 |
$0.00 |
$0.00 |
$1.00 |
100 |
$0.00 |
$0.00 |
$0.96 |
100 |
$0.00 |
$0.00 |
$0.95 |
100 |
$0.00 |
$0.00 |
$0.91 |
100 |
$0.00 |
$0.00 |
$0.90 |
100 |
$0.00 |
$0.00 |
$0.86 |
100 |
$0.00 |
$0.00 |
$0.85 |
100 |
$0.00 |
$0.00 |
$0.81 |
100 |
$0.00 |
$0.00 |
$0.80 |
100 |
$0.00 |
$0.00 |
$0.76 |
100 |
$0.00 |
$0.00 |
$0.75 |
100 |
$0.00 |
$0.00 |
$0.71 |
100 |
$0.00 |
$0.00 |
$0.70 |
100 |
$0.00 |
$0.00 |
$0.66 |
100 |
$0.00 |
$0.00 |
$0.65 |
100 |
$0.00 |
$0.00 |
$0.61 |
100 |
$0.00 |
$0.00 |
$0.60 |
100 |
$0.00 |
$0.00 |
$0.56 |
100 |
$0.00 |
$0.00 |
$0.55 |
100 |
$0.00 |
$0.00 |
$0.51 |
100 |
$0.00 |
$0.00 |
$0.50 |
100 |
$0.00 |
$0.00 |
$0.45 |
100 |
$0.00 |
$0.00 |
$0.41 |
100 |
$0.00 |
$0.00 |
$0.40 |
100 |
$0.00 |
$0.00 |
$0.35 |
100 |
$0.00 |
$0.00 |
$0.30 |
100 |
$0.00 |
$0.00 |
What do I need to do by when?
The termination of all AWC ETO series on ASX Clear.
Need more information?
Issued by
Greg Fitzpatrick, Clearing Operations
Contact information
ASX Clearing Operations
clearing@asx.com.au