Structured Warrants - Final Settlement
| SNS-CG: CW SNS NETWORK TECHNOLOGY BERHAD (AM) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SNS NETWORK TECHNOLOGY BERHAD ("SNS") ("SNS SHARE") ("SNS-CG") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 26 Feb 2026 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that SNS-CG expired at 5.00 p.m. on 26 February 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of SNS-CG x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of SNS-CG x (RM0.4891 - RM0.5000) x (1/2)
= Number of SNS-CG x RM0.0000
The Closing Price of RM 0.4891 is the average volume-weighted average price (VWAP) of the SNS Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
As the Cash Settlement Amount is equal to or less than zero, we shall not be obliged to make any payment to the relevant holder and SNS-CG shall become void and cease to have exercise rights and our obligation in respect of SNS-CG shall terminate absolutely.
This announcement is dated 26 February 2026. |
Announcement Info
| Company Name | SNS-CG: CW SNS NETWORK TECHNOLOGY BERHAD (AM) |
| Stock Name | SNS-CG |
| Date Announced | 26 Feb 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-26022026-00046 |
| Corporate Action ID | MY260226EXWA0046 |