UBS AG converts warrants into 20,502,939 equity shares

Warrants ConvertedFund Raising View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+0.9%Reaction day

₹1038.00

prior close

₹1039.30

announcement price

In-mkt

timing

Nifty Midcap 150market-0.8%+1.7% vs market

Stockbroking & Allied peers, median of 39sector-1.2%+2.1% vs sector

On the reaction day the stock moved 1.7 pts more than Nifty Midcap 150 and 2.1 pts more than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.4

15m

+0.4

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.9-0.8+1.7-1.2+2.1

Next day

-3.9-2.9-1.1-2.5-1.4

-6.1-1.8-4.2-3.1-2.9

-6.3-0.9-5.3-1.4-4.9

-4.2-0.6-3.6-1.2-3.1

-1.5+0.2-1.7-0.9-0.6

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15d

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UpDownMarket · Nifty Midcap 150Sector · Stockbroking & Allied peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

UBS AG converted all 20,502,939 warrants and received the same number of new shares at Rs 1,030 each. The company received the remaining 75% payment of Rs 158.39 crore, for total consideration of Rs 211.18 crore. UBS now holds about 4.8% of the expanded equity base, which increased to 42,84,17,139 shares.

Likely market impact

Existing shareholders are diluted by about 4.8%. The company gains Rs 158.39 crore in new capital and a stronger strategic link with UBS.