ACTION: CNinsure Inc. (“CISG”) has announced a Special Cash Dividend of $.20 net per CISG American Depositary Share ($0.22- $.02 Depositary fee). The record date is June 26, 2009; payable date is on July 17, 2009. The ex-distribution date for this distribution will be June 24, 2009.
This corporate event will be coordinated with the Options Clearing Corporation.
CATEGORY: Cash Distribution
EQUITY SYMBOL: CNinsure Inc. (“CISG”)
ONECHICAGO SYMBOL: CISG1C does not change
CME FUTURES SYMBOL: CIS for the re-listed CSIG1C
EFFECTIVE DATE: June 24, 2009
MULTIPLIER: 100 (e.g., 1.00 equals $100.00)
NEW DELIVERABLE PER CONTRACT: No change
APPLICABLE CONTRACT MONTHS: July, August, September, December 2009
SETTLEMENT PRICES AND POSITIONS: The start of day prices for Thursday, June 24, 2009 shall be reduced by the special cash distribution amount (i.e. $0.20) and rounded to the nearest penny from the Wednesday, June 23, 2009 settlement prices.
Please note that the valuation would apply only to the CISG2C deliverable in terms of current market value of the deliverable securities. The resulting price would not be equivalent to the daily settlement price of a futures contract month, whose determination would include cost of money carrying charges, adjustment for dividends, and other factors.
NOTES: The forecasted effect of the upcoming corporate event on each clearing firm’s positions can be viewed in infopac in the Corporate Event Initial Forecast Report (ONE712), the Corporate Event Final Forecast Report (ONE713), and the Corporate Event Forecast Audit Report (CPDBU710).
The details after the corporate event has been applied can be viewed in the Corporate Event Activity Report (ONE711).
If you have any questions regarding the information provided in the document, please call CME Clearing Risk Management hotline at (312) 648-3888.