“We would like to offer the domestic and international investment community the opportunity to take advantage of this important IPO, by offering individual equity options on Belgacom shares from the start of trading. This move will allow our clients to better manage their investment portfolios and to take full advantage of trading both the shares and related options from the start”, said Fraser Cowie, Director of Marketing at Euronext.liffe.
The options will be tradeable via LIFFE CONNECT, the world’s most advanced electronic trading platform, and will be cleared via LCH.Clearnet’s C21 clearing system.
The options will expire on the 3rd Friday of the month. Initial expiries will range from 1 month to 36 months.
Each option contract represents 100 shares in Belgacom.
