Structured Warrants - Final Settlement
30/07/2021Structured Warrants - Final Settlement
| SPSETIA-C36: CW S P SETIA BHD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF S P SETIA BERHAD ("SPSETIA") ("SPSETIA-C36") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Jul 2021 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0716 |
| Payment Date | 10 Aug 2021 |
We wish to announce that the SPSETIA-C36 expired at 5.00 p.m. on 30 Jul 2021 (Expiry Date) and the Cash Settlement Amount shall be calculated as below. Cash Settlement Amount = Number of SPSETIA-C36 x (Closing Price - Exercise Price) x (1/Exercise Ratio) = Number of SPSETIA-C36 x (RM1.0716 - RM1.00) x (1/1) = Number of SPSETIA-C36 x RM0.0716 The Closing Price of RM1.0716 is the arithmetic mean of daily volume weighted average market price of SPSETIA shares for the 5 market days prior to and including the market day immediately before the Expiry Date. The Cash Settlement Amount shall be made by way of cheque or such other mode as may be approved by Bursa Malaysia Securities Berhad and determined by us, within 7 market days from the Expiry Date. The cheques will be delivered to warrantholders by ordinary post. This announcement is dated 30 Jul 2021. |
Announcement Info
| Company Name | SPSETIA-C36: CW S P SETIA BHD (CIMB) |
| Stock Name | SPSETIA-C36 |
| Date Announced | 30 Jul 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30072021-00035 |
| Corporate Action ID | MY210730EXWA0035 |