SG Issuer Announces Distribution Payment for JD Autocall Certificates
SG Issuer Announces Distribution Payment for JD Autocall Certificates
SG Issuer has made an important announcement regarding its European Style Structured Certificates, particularly the JD AutocallSG250603 (RYX) Certificates. Shareholders should be aware of several key points that may influence the stock market and the value of their investments.
Key Points for Shareholders
- Distribution Amount: Holders of the JD AutocallSG250603 Certificates will receive a distribution payment of S\$0.03 per Certificate.
- Important Dates:
- Observation Date: 02 December 2024
- Ex-Distribution Date: Not Applicable
- Distribution Record Date: 09 December 2024
- Distribution Payment Date: 11 December 2024
- Stock Performance: On the Observation Date, the closing price of the Underlying Stock was at 147.3, meeting the conditions for distribution payment as it was higher than or equal to the Distribution Barrier.
This update might be crucial for investors as the confirmation of the distribution payment could potentially affect the share value of the JD AutocallSG250603 Certificates.
Advisory for Certificate Holders
SG Issuer advises all holders of the Certificates to consult with their financial advisors, including stockbrokers, bank managers, accountants, and solicitors, if they have any uncertainties regarding the actions they should take following this announcement.
This news is significant for shareholders as it confirms the financial commitment of SG Issuer and could influence the perception of the market regarding the stability and reliability of their issued Certificates.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a professional advisor before making any investment decisions.
View JD AutocallSG250603 Historical chart here