Structured Warrants - Final Settlement
A50CHIN-C70: CW ISHARES FTSE CHINA A50 ETF (MACQ) |
Description | MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ") EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER UNITS OF ISHARES FTSE CHINA A50 ETF ("A50CHIN") ("A50CHIN-C70") |
Instrument Type | CALL WARRANTS |
Exercise Style | European |
Settlement Type | Cash |
Date & Time of Expiry | 30 Jun 2021 05:00 PM |
Securities Debiting Date | |
Settlement Indicator | In the money |
Cash Entitlement | |
Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.2140 |
Payment Date | 05 Jul 2021 |
We are pleased to announce that the A50CHIN-C70 have expired at 5.00 p.m. on 30 June 2021 ("Expiry Date"). The Cash Settlement Amount shall be an amount in the Settlement Currency (if greater than zero), calculated as follows: Cash Settlement Amount = Number of Structured Warrants X (Settlement Price - Exercise Price) X (1/Exercise Ratio) X Settlement Exchange Rate = Number of Structured Warrants X (HKD 20.1000 - HKD 19.5000) X (1/1.5000) X RM/HKD 0.5349 = Number of Structured Warrants X RM 0.2140 The Settlement Price has been determined at HKD 20.1000, being the closing price of the A50CHIN Units on The Stock Exchange of Hong Kong Limited on the Market Day immediately before the Expiry Date. The Cash Settlement Amount, less all exercise expenses (currently borne by the Issuer and no charge shall be incurred by the Holder) shall be made by way of cheque within 7 Market Days from the Expiry Date. The cheques will be delivered to Holders by ordinary post. Terms not defined in this announcement shall have the meanings given to them in the Term Sheet for the warrants and the Base Prospectus. This announcement is dated 30 June 2021. |
Announcement Info
Company Name | A50CHIN-C70: CW ISHARES FTSE CHINA A50 ETF (MACQ) |
Stock Name | A50CHIN-C70 |
Date Announced | 30 Jun 2021 |
Category | Structured Warrants - Final Settlement |
Reference Number | SWF-30062021-00012 |
Corporate Action ID | MY210630EXWA0012 |