ConvEx

ConvEx is an independent financial institution authorised and regulated by the Financial Conduct Authority, providing services to clients around the world We are the leading independent calculation agent in EMEA, and act on a majority of transactions in the equity-linked market. We act on: • Equity-linked instruments (convertible / exchangeable bonds) • Capital Securities (AT1s / RT1s) • Fixed rate bonds (make whole calls) • Floating rate bonds (LIBOR replacement) • Derivatives • Share-based compensation plans We provide our clients with an expert and reliable independent calculation agency service: • every member of the team advising clients and performing calculation agency work is a former capital markets banker / structurer / trader • our team brings decades of experience across a broad range of financial instruments • we are acting on hundreds of instruments at any given time – and have performed thousands of calculations since ConvEx was founded in 2012 We also regularly act as adviser, valuer, and independent expert for capital markets instruments and derivatives • when equity-linked issuers need to appoint an independent adviser under their transactions, we are appointed in a majority of situations • in addition, many convertible and exchangeable issuers use us to provide mark-to-market of equity-linked instruments and their component elements • we use leading valuation tools and combine those with a detailed understanding of the relevant market factors driving those models