questo è il passaggio sulla conversione delle nuove obbligazioni di banco popolare
Unless previously redeemed, converted or purchased and cancelled, a third of the Notes will mandatorily and automatically be converted on each of 29 March 2013, 29 September 2013 and 29 March 2014 (each a "Scheduled Conversion Date") into such number of Shares as results from dividing the outstanding principal amount of each Note by the Conversion Price (as defined in "Terms and Conditions of the Notes" below) in effect on the Scheduled Conversion Date (rounded down to the nearest whole number of Shares). The Notes will also be mandatorily converted into Shares upon the occurrence of an Insolvency Event, Contingency Event, Viability Event or a Capital Treatment Event as more fully described in Terms and Conditions of the Notes — Mandatory Conversion Upon Insolvency Event, Contingency Event, Viability Event or Capital Treatment Event. Noteholders shall not be entitled to receive fractions of a Share but shall be entitled to receive a cash payment in lieu thereof. In addition to the issue of the Shares, the holder of each Note subject to mandatory conversion shall be entitled to receive any accrued but unpaid interest due on the Scheduled Conversion Date but shall not be entitled to receive any accrued interest where conversion occurs by reason of an Insolvency Event, Contingency Event, Viability Event or Capital Treatment Event.
quindi ci saranno conversioni obbligatorie in più tempi, il mio inglese non aiuta, da qualche parte è previsto quale sia il prezzo di conversione o come si determini?