Clearing House Advisory Notices
To | Clearing Member Firms
From | CME Clearing
Subject | Corporate Events - Royal Bank of Scotland (“RBS”) - Effective Friday, November 7, 2008
Notice Date | 2008-11-06
Notice Number | 08-324
Effective Date | 2008-11-07
Royal Bank of Scotland (“RBS”) has announced a 1-for-20 reverse stock split. As a result of the reverse stock split, each RBS American Depositary Share will be converted into the right to receive .05 (New) Royal Bank of Scotland American Depositary Shares. The reverse stock split will become effective on November 7, 2008. This action will be coordinated with the Options Clearing Corporation. For the full text of this advisory...