Listing Alert
MIAX Pearl
June 30, 2020 | 11:14 AM
MIAX Exchange Group - Options Markets - UPDATED Corporate Action Alert: Tsakos Energy Navigation Limited (TNP)
Tsakos Energy Navigation Limited (TNP) has announced a reverse stock split effective for Wednesday, July 1, 2020. On that date, the current TNP option class will change to TNP1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list TNP1 options. Therefore, no options on TNP will be available for trading on Wednesday, July 1, 2020.
Tsakos Energy Navigation Limited (TNP) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Thursday, July 2, 2020.
All GTC orders resting on the MIAX order books in TNP will be canceled at the close of business on Tuesday, June 30, 2020.
Additional details about the Tsakos Energy Navigation Limited (TNP) 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.