We want to notify you about Daimler AG’s spin-off scheduled for the 10th of December 2021. It will result in the establishment of Daimler Truck Holding AG as a new legal entity. This corporate event will impact both CFD (DAI.D) and physical stock (DAI.D. EX)
JFD will not offer the quoting and trading of the newly established company. Hence, all clients who have had long positions on Daimler AG when the market has closed on 09/12/2021 will receive the cash equivalent of one share of the newly created entity at the ratio of 2:1. Thus for every two stocks held in the existing company, they will receive the cash equivalent of one share of the newly created enterprise.
Important - all clients who have held short positions in Daimler AG`s CFD will receive a short position in Daimler Truck Holding AG for the price of zero. Once the new shares are allocated, the trades will be closed at the first available market price. The final amount will be deducted from the clients’ trading accounts.
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