We want to notify you about AMC Entertainment Holdings’ spin-off scheduled for the 22nd of August 2022. This corporate event will impact both CFD (AMC) and physical stock (AMC.).
JFD will not offer the quoting and trading of the newly established company. Hence, all clients who had open positions on AMC Entertainment Holdings when the market closed on 22/08/2022 will receive the cash equivalent of one share of the newly created entity at the ratio of 1:1. Thus for every one stock held in the existing company, they will receive the cash equivalent of one share of the newly created enterprise.
Important - all clients who have held short positions in AMC Entertainment Holdings’ CFD will receive a short position of the new entity with an open price of zero. Once the new shares are allocated, the trades will be closed at the first available market price. The final amount will be deducted from the clients’ trading accounts.
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