No they will NOT auto assign if they are in the money at expiry. These are different company issued bonus options. You need to physically fill out a form, transfer your money and then you will be eligible for the Piggies. If you let them lapse, they will lapse worthless regardless if they are in the money or not.
(Usually derivatives do auto-exercise in the USA for instance, one then must either ensure they are paid for with cash on hand, or a margin loan gets set up automatically or the broker can sell the assigned shares to clear the obligation).
Above not advice, subject to confirmation etc
I (and no doubt many others) will confirm this closer to expiration though.
PAR Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
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