How bonus shares affect derivative contracts?

#1
Hi,

I want to know that if a company awards bonus shares what will happen to its derivative contracts (futures,options?) prices?

Let's say if a company awards 1:1 bonus shares, and the current price of that scrip is 100.

1) If someone holds 100 shares and after bonus shares he will be holding 200 shares @ around 50/-
2) If someone holding one future lot(say lot size 100) of that scrip bought at 100. After issuing bonus shares, will futures price also adjust relative to spot price or not? If it adjusts, will he encounter loss?
 

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