TM-C56

0.005

(%)

Structured Warrants - Final Settlement

TM-C56: CW TELEKOM MALAYSIA BERHAD (CIMB)

Description
CIMB BANK BERHAD ("CIMB BANK")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TELEKOM MALAYSIA BERHAD ("TM") ("TM-C56")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 30 Jun 2020 05:00 PM
Securities Debiting Date
Settlement Indicator Out of the Money/At the Money

We wish to announce that the TM-C56 expired at 5.00 p.m. on 30 Jun 2020 (Expiry Date) and the Cash Settlement Amount shall be calculated as below.

Cash Settlement Amount	=	Number of TM-C56 x (Closing Price - Exercise Price) x  (1/Exercise Ratio)
	=	Number of TM-C56 x (RM4.0248 - RM4.20) x (1/5)
	=	Number of TM-C56 x RM0.0000

The Closing Price of RM4.0248 is the arithmetic mean of daily volume weighted average market price of TM 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 TM-C56 will cease to be valid and all our obligations in respect of the TM-C56 shall terminate absolutely.

This announcement is dated 30 Jun 2020.



Announcement Info

Company Name TM-C56: CW TELEKOM MALAYSIA BERHAD (CIMB)
Stock Name TM-C56
Date Announced 30 Jun 2020
Category Structured Warrants - Final Settlement
Reference Number SWF-29062020-00010
Corporate Action ID MY200629EXWA0010