STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT
| POS-C22: 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-C22") |
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We wish to announce that the POS-C22 expired at 5.00 p.m. on 28 Jun 2019 (“Expiry Date”) and the Cash Settlement Amount shall be calculated as below.
The Closing Price of RM1.5389 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-C22 will cease to be valid and all our obligations in respect of the POS-C22 shall terminate absolutely.
This announcement is dated 28 Jun 2019. |
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Announcement Info
| Company Name | POS-C22: CW POS MALAYSIA BERHAD (CIMB) |
| Stock Name | POS-C22 |
| Date Announced | 28 Jun 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28062019-00012 |