Listing Alert
MIAX Pearl
November 17, 2017 | 02:17 PM
MIAX Options and MIAX PEARL Corporate Action Alert: The Manitowoc Company, Inc. (MTW)
The Manitowoc Company, Inc. (MTW) has announced a 1-for-4 reverse stock split that is effective on Monday, November 20, 2017. On that date, the current MTW option class will change to MTW2. The MIAX Options and MIAX PEARL Exchanges will not list MTW2 options. Therefore, no options on MTW will be available for trading on the MIAX Options and MIAX PEARL Exchanges on Monday, November 20, 2017. The Manitowoc Company, Inc. (MTW) will resume trading on the MIAX Options and MIAX PEARL Exchanges on Tuesday, November 21, 2017.
All GTC orders resting on the MIAX order books in MTW will be canceled at the close of business on Friday, November 17, 2017.
Additional details about the The Manitowoc Company, Inc. (MTW) 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.