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6.33% p.a. Reverse Convertible on Airbus, Covestro AG, Sanofi

  • Valor 111761972
  • ISIN CH1117619721
Product expired on 22/06/2022
  • Autocallable
Airbus SEEUR 
Covestro AGEUR 
Sanofi SAEUR 
Please note that this is an indication.

Documents

Official Notice

Issuer: Vontobel Financial Products Ltd., DIFC Dubai
Product: 6.33% p.a. Reverse Convertible on Airbus, Covestro AG, Sanofi
CH-Sec.No: 111761972
ISIN: CH1117619721

SANOFI SA: SPIN-OFF (BASKET RESOLUTION)

With the notice of 06/05/2022, the security was adjusted as a result of the spin-off of Euroapi S.A.S. from Sanofi SA by installing the Sanofi SA/Euroapi S.A.S. Basket as underlying. As announced in the aforementioned notice, Euroapi S.A.S. will now be removed from the basket in a second adjustment step by applying an adjustment factor. Accordingly, we have further adjusted the security with effect from 09/05/2022 (effective date) as follows:

Underlying old: Sanofi SA/Euroapi S.A.S. Basket
Underlying new: Sanofi SA

Strike: EUR 69.36
Autocall Level: EUR 86.71
Ratio: 14.41750
Underlying: Sanofi SA
Underlying ISIN: FR0000120578
Underlying Bloomberg: SAN FP Equity


Date: 09.05.2022
Bank: Bank Vontobel AG
Person: Issuance CH-APAC
Phone: +41 58 283 78 75
E-Mail: IssuanceCH-APAC@vontobel.com
Official Notice

Issuer: Vontobel Financial Products Ltd., DIFC Dubai
Product: 6.33% p.a. Reverse Convertible on Airbus, Covestro AG, Sanofi/EUROAPI Basket
CH-Sec.No: 111761972
ISIN: CH1117619721

SANOFI SA: SPIN-OFF

The company Sanofi SA has announced the spin-off of the company Euroapi S.A.S. Shareholders of Sanofi SA shall be entitled to receive for every 23 shares held one (1) share of Euroapi S.A.S. In a first step, we have therefore adjusted the security in accordance with the terms and conditions of the security with effect from 06/05/2022 (effective date) as follows:

Underlying old: Sanofi SA
Underlying new: Sanofi SA/Euroapi S.A.S. Basket

The Sanofi SA/Euroapi S.A.S. Basket consists of 1 share of Sanofi SA (ISIN FR0000120578) and 0.04347826 shares of Euroapi S.A.S. (ISIN FR0014008VX5). The price of the underlying is calculated as follows: (1.00 x Sanofi SA price) plus (0.04347826 x Euroapi S.A.S. price).

In case of securities providing for a "physical delivery" of the Underlying, delivery (if any) of shares of Sanofi SA as well as of Euroapi S.A.S. will be performed per security according to the Number of Underlyings (Ratio) and considering the respective weighting in the Sanofi SA/Euroapi S.A.S. Basket.

In a second step, it is planned to further adjust the security by applying an adjustment factor. With this step, Euroapi S.A.S. (ISIN FR0014008VX5) is to be removed from the Sanofi SA/Euroapi S.A.S. Basket, so that Sanofi SA (ISIN FR0000120578) will subsequently remain as the sole underlying of the security. The effective date for this subsequent adjustment is expected to be 09/05/2022. This further adjustment will be announced separately to enter into effect.


Date: 06.05.2022
Bank: Bank Vontobel AG
Person: Issuance CH-APAC
Phone: +41 58 283 78 75
E-Mail: IssuanceCH-APAC@vontobel.com
Product: 6.33% p.a. Reverse Convertible on Airbus, Covestro AG, Sanofi
ISIN: CH1117619721

The Ex-Date with respect to the next Coupon Payment for the product (due 29.03.2022) shall be 25.03.2022.

Date: 11.03.2022
Bank: Bank Vontobel AG
Person: Issuance CH-APAC
Phone: +41 58 283 78 75
E-Mail: IssuanceCH-APAC@vontobel.com
TypeDateTitle
Corporate action09/05/2022Adjustment of Product Features
Corporate action06/05/2022Adjustment of Product Features
Notice11/03/2022EX-DATE FOR BONUS PAYMENT DUE 29.03.2022