👁 1
💬 0
📄 Extracted Text (340 words)
Warrant price
<Mail Attachment.gif>
Were the stock to rise 10% over the next month the warrant would rise in
value from 1.83 by approx 22%. Conversely if the stock were to fall the
warrants would also fall - but its unlikely the warrant price trades at
zero anytime soon due to the 3.5years of remaining time value.
The warrants are quoted several thousand up stick wide on exchange.
Any qns shout.
Appendix A
WARRANT ENTITLES HOLDER TO ACQUIRE NEW COMMON SHARES HELD BY HFSF AT A
RATIO
OF 7.408683070. ISSUE AMOUNT: 1,233,503,482. STEP-UP STRIKE:0.4488
12/10/2013,
0.4576 06/10/2014, 0.4686 12/10/2014, 0.4796 06/10/2014, 0.4928
12/10/2015,
0.506 06/10/2016, 0.5214 12/10/2016, 0.5368 06/10/2017, 0.5544
12/10/2017
Nay
<Mail Attachment.gif>
Nav Gupta
Managing Director
Deutsche Bank AG, Filiale London
Deutsche Asset & Wealth Management
105/108 Old Broad St (Pinners Hall), EC2N lEN London, United Kingdom
Tel. +44 (20) 754-13613
Mobile +44 7887 628487
Email
Any proposed ideas are being delivered to you by the DeAwM Key Client
Partners ("KCP") London desk for discussion purposes only, and do not
create any legally binding obligation on the part of Deutsche Bank AG
and / or its affiliates ("DB"). These ideas are for the consideration of
the intended recipients of this mail only. The KCP London desk does not
provide investment advice. All intended recipients are Professional
investors (as defined by MiFID), who understand the strategy,
characteristics and risks associated with any ideas proposed herein and
will be able to evaluate it independently. All trades on proposed ideas
shall be subject to the relevant internal approvals prior to execution.
<Mail Attachment.gif>
This e-mail may contain confidential and/or privileged information. If
you are not the intended recipient (or have received this e-mail in
error) please notify the sender immediately and delete this e-mail. Any
unauthorized copying, disclosure or distribution of the material in this
e-mail is strictly forbidden.
Please refer to http://www.db.com/en/content/eu_disclosures.htm for
additional EU corporate and regulatory disclosures and to
http://www.db.com/unitedkingdom/content/privacy.htm for information
about privacy.
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 112650
CONFIDENTIAL SDNY_GM_00258834
EFTA01454507
ℹ️ Document Details
SHA-256
9b4675638a6dd73b74d44bf549cf5397fd3a15fd67277dcf1935159b159d03e3
Bates Number
EFTA01454507
Dataset
DataSet-10
Type
document
Pages
1
💬 Comments 0