Listing Alert
MIAX Options
December 30, 2015 | 10:50 AM
MIAX Corporate Action Alert: North Atlantic Drilling Ltd. (NADL)
North Atlantic Drilling Ltd. (NADL) has announced a 1-for-10 reverse split that will become effective on Thursday, December 31, 2015. On that date, the current NADL option class will change to NADL1. The MIAX Options Exchange will not list NADL1 options. Therefore, no options on NADL will be available for trading on the MIAX Options Exchange on Thursday, December 31, 2015. North Atlantic Drilling Ltd. (NADL) will resume trading on the MIAX Options Exchange on Monday, January 4, 2016.
All GTC orders resting on the MIAX order book in NADL will be canceled at the close of business on Wednesday, December 30, 2015.
Additional details about the North Atlantic Drilling Ltd. (NADL) 1-for-10 reverse split, are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.