Liberty global sunrise spin off event not reflected in stockscafe

Hi Evan,

Liberty global did a spinoff for their subsidary sunrise where they issued 1 sunrise share for every 5 liberty global shares an investor owns. This event did show up in stockscafe. Could you help with this?

Relevant extract:
Trading Sunrise shares, in the form of Sunrise American Depository Shares (ADSs), will be distributed to Liberty Global shareholders by the ADS depository on November 12, 2024.

Liberty Global shareholders will receive 1 Sunrise Class A ADS for every 5 Class A or Class C Liberty Global shares held as of the close of business on the distribution record date of November 4, 2024…

Liberty Global announces completion of Sunrise spin-off transaction - Liberty Global

Hi Kendo,

Yes, this kind of spinoff event is not handled by upstream data.

My suggestions to handle this is simply to add the awarded shares as BUY transactions with date being the awarded date. Then you can determine how you want to price it. Either at price = 0 or at the price = price of close then.

Cheers,
Evan

Ok, thanks!

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