• Corporate Events: Life Partners Holdings Inc. (LPHI)

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      • 09-211
      • Notice Date
      • 19 May 2009
      • Effective Date
      • 20 May 2009
    • ACTION:                                                           Life Partners Holdings Inc. (“LPHI”) has announced a special cash dividend of $0.25 per LPHI Common Share. The record date is May 25, 2009; payable date is June 15, 2009. The ex-distribution date for this distribution will be May 20, 2009. Life Partners Holdings Inc. has characterized this dividend as “special” and has distinguished it from the regular quarterly dividend payable on the same date.
                                                                              This corporate action will be coordinated with the Options Clearing Corporation. 
      CATEGORY:                                                     Special Cash Distribution
      EQUITY SYMBOL:                                            Life Partners Holdings Inc. (“LPHI”)
      ONECHICAGO SYMBOL:                                  LPHI1C remains the same         
      CME FUTURES SYMBOL:                                 LPH remains the same
      EFFECTIVE DATE:                                           Wednesday, May 20, 2009
      MULTIPLIER:                                                   100 (e.g., 1.00 equals $100.00)
      DELIVERABLE PER CONTRACT:                      Life Partners Holdings Inc. (“LPHI”) Common Shares
      APPLICABLE CONTRACT MONTHS:                 June, July, September, and December 2009
      SETTLEMENT PRICES AND POSITIONS:         The start of day prices for Wednesday, May 20, 2009 shall be reduced by the special cash distribution amount (i.e. $0.25) and rounded to the nearest penny from the Tuesday, May 19, 2009 settlement prices.
      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.