STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT
SIME-C35: CW SIME DARBY BERHAD (MACQ) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT FINAL SETTLEMENT |
Description | MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ") EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SIME DARBY BERHAD ("SIME") ("SIME-C35") |
We are pleased to announce that the SIME-C35 have expired at 5.00 p.m. on 31 October 2019 (“Expiry Date”). The Cash Settlement Amount shall be an amount in the Settlement Currency (if greater than zero), calculated as follows: Cash Settlement Amount The Settlement Price has been determined at RM 2.2820, being the average closing price of the SIME Shares on Bursa Malaysia Securities Berhad for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date. As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative. Warrantholders will not be entitled to receive any payment of the Cash Settlement Amount. 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 31 October 2019. |
Announcement Info
Company Name | SIME-C35: CW SIME DARBY BERHAD (MACQ) |
Stock Name | SIME-C35 |
Date Announced | 31 Oct 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-31102019-00076 |