We want to notify you about Altri SGPS SA’s spin-off scheduled for 07/07/2021. This corporate event will impact both, Physical stock and CFDs available for trading on JFD’s platforms. The spinning company, which will be set as a new entity is unknown at the moment since is not launched yet that will be decided once the ticker goes live.
As JFD does not offer the new entity’s shares, all our clients who will be holding open positions on Altri SGPS SA (ALTR) shares at market close on 06/07/2021 will receive in their trading accounts the monetary equivalent of the applicable number of the new symbol shares. This transfer will be proportional to the size of the respective open positions.
To read the latest stock market news and analysis, you may visit JFD Research, where you will find plenty of actionable insights published by our experts.