Listing Alert
MIAX Options
November 11, 2020 | 04:15 PM
MIAX Exchange Group - Options Markets - Corporate Action Alert: Precision Drilling Corporation (PDS)
Precision Drilling Corporation (PDS) has announced a 1-for-20 reverse stock split effective for Thursday, November 12, 2020. On that date, the current PDS option class will change to PDS1. The MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange will not list PDS1 options. Therefore, no options on PDS will be available for trading on Thursday, November 12, 2020.
Precision Drilling Corporation (PDS) will resume trading on the the MIAX Options Exchange, MIAX PEARL Options Exchange and MIAX Emerald Options Exchange on Friday, November 13, 2020.
All GTC orders resting on the MIAX order books in PDS will be canceled at the close of business on Wednesday, November 11, 2020.
Additional details about the Precision Drilling Corporation (PDS) 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.