The company Kellogg Co. has announced to spin off WK Kellogg Co. as an independent company. Shareholders of Kellogg Co. shall be entitled to receive for every 4 Kellogg Co.-shares 1 share of the new company. Additionally, the name of the remaining company will be changed to Kellanova Co.
As there was no open interest in the affected contracts on Kellogg Co. on the ex-date, the Eurex-Contracts will remain unadjusted. Only the name change will be processed.
More information about this transaction is available on the company`s website.
Accordingly, the name of the above-mentioned contracts will change as specified in the following table.
Product code as well as Product-ISIN and Underlying-ISIN will remain unchanged.