STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT
POS-C27: CW POS MALAYSIA BERHAD (CIMB) |
Type | Announcement | |||||||||
Subject | STRUCTURED WARRANTS ANNOUNCEMENT FINAL SETTLEMENT |
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Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF POS MALAYSIA BERHAD ("POS") ("POS-C27") |
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We wish to announce that the POS-C27 expired at 5.00 p.m. on 30 September 2019 (“Expiry Date”) and the Cash Settlement Amount shall be calculated as below.
The Closing Price of RM1.7071 is the arithmetic mean of daily volume weighted average market price of POS shares for the 5 market days prior to and including the market day immediately before the Expiry Date.
As the Cash Settlement Amount is less than zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised POS-C27 will cease to be valid and all our obligations in respect of the POS-C27 shall terminate absolutely.
This announcement is dated 30 September 2019. |
Announcement Info
Company Name | POS-C27: CW POS MALAYSIA BERHAD (CIMB) |
Stock Name | POS-C27 |
Date Announced | 30 Sep 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-30092019-00026 |