STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT
| AXIATA-C28: CW AXIATA GROUP 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 AXIATA GROUP BERHAD ("AXIATA") ("AXIATA-C28") |
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We wish to announce that the AXIATA-C28 expired at 5.00 p.m. on 31 May 2019 (“Expiry Date”) and the Cash Settlement Amount shall be calculated as below.
The Closing Price of RM4.5259 is the arithmetic mean of daily volume weighted average market price of AXIATA 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 AXIATA-C28 will cease to be valid and all our obligations in respect of the AXIATA-C28 shall terminate absolutely.
This announcement is dated 31 May 2019. |
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Announcement Info
| Company Name | AXIATA-C28: CW AXIATA GROUP BERHAD (CIMB) |
| Stock Name | AXIATA-C28 |
| Date Announced | 31 May 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31052019-00043 |