Structured Warrants - Final Settlement
| HARTA-C63: CW HARTALEGA HOLDINGS BERHAD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF HARTALEGA HOLDINGS BERHAD ("HARTA") ("HARTA-C63") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 28 Jul 2021 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that HARTA-C63 have expired at 9.00 a.m. on 28 July 2021 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per HARTA-C63) (if the said amount is greater than zero).
The Settlement Price has been determined at RM 7.6060 being the arithmetic mean of the closing price of HARTA Shares on Bursa Malaysia Securities Berhad for the five (5) scheduled market days prior to and including the market day before the Expiry Date.
Cash Settlement Amount
= {(Settlement Price - Exercise Price) / Exercise Ratio } x Number of HARTA-C63 exercised - 0.30%
= {(RM 7.6060 - RM 22.0000) / 40 } x Number of HARTA-C63 exercised - 0.30%
= RM 0.0000 x Number of HARTA-C63 exercised - 0.30%
As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Warrant holders will not be entitled to receive any payment of the Cash Settlement Amount.
This announcement is dated 28 July 2021. |
Announcement Info
| Company Name | HARTA-C63: CW HARTALEGA HOLDINGS BERHAD (RHB) |
| Stock Name | HARTA-C63 |
| Date Announced | 28 Jul 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-28072021-00013 |
| Corporate Action ID | MY210728EXWA0013 |