Rights to be traded. The rights to purchase Allianz’ Irredeemable Convertible Preference Shares (ICPS) will start trading on 9 Jul, and will cease trading at 5pm 16 Jul. Allianz’ share price has already been adjusted ex-rights as at 6 Jul, to RM3.83. Every 100 Allianz shares held will be entitled to rights to purchase 125 ICPS. The rights will thus be priced at 61 sen, i.e. the difference between the share price and the ICPS issue price.
Allianz Malaysia Berhad : ICPS Rights To Commence Trading - 9/7/2010
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