Cemex today announced that its appreciation warrants and American Depositary Warrants (ADWs), each representing five appreciation warrants, expired today in accordance with their terms.

Holders of appreciation warrants and ADWs will receive an appreciation value equal to U.S.$2.041231 per appreciation warrant (U.S.$10.206154 per ADW) less any applicable Mexican withholding tax (as described below).

The appreciation value for each appreciation warrant represents the difference between U.S.$7.000977, the average closing price of Cemex’s Ordinary Participation Certificates (CPOs), each CPO representing two Series A Shares and one Series B Share of CEMEX, on the Mexican Stock Exchange for the five consecutive trading days ending today. Published under Cement News