Listing Alert
MIAX Options
January 03, 2017 | 10:41 AM
MIAX Corporate Action Alert: Hilton Worldwide Holdings Inc. (HLT)
Hilton Worldwide Holdings Inc. (HLT) has announced a distribution and a 1-for-3 reverse stock split immediately following the distribution. The distribution and reverse stock split will become effective on Wednesday, January 4, 2017. On that date, the current HLT options class will change to HLT1. The MIAX Options Exchange will not list HLT1 options. Therefore, no options on HLT will be available for trading on the MIAX Options Exchange on Wednesday, January 4, 2017. The new HLT option series will resume trading on the MIAX Options Exchange on Thursday, January 5, 2017.
All GTC orders resting on the MIAX order book in HLT will be canceled at the close of business on Tuesday, January 3, 2017.
Additional details about the Hilton Worldwide Holdings Inc. (HLT) distribution and reverse stock split are provided in the attached OCC Memo.
Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.