STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT
DIGI-C26: CW DIGI.COM BERHAD (RHB) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT FINAL SETTLEMENT |
Description | RHB INVESTMENT BANK BERHAD ("RHBIB") EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DIGI.COM BERHAD ("DIGI") ("DIGI-C26") |
We are pleased to announce that DIGI-C26 has expired at 9.00 a.m. on 25 June 2019 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per DIGI-C26) (if the said amount is greater than zero).
The Settlement Price has been determined at RM 4.9500 being the arithmetic mean of the closing price of DIGI 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 DIGI-C26 exercised – 0.30%
= {(RM 4.9500 - RM 4.5000) / 4} x Number of DIGI-C26 exercised – 0.30%
= RM 0.1125 x Number of DIGI-C26 exercised – 0.30%
Payment of the Cash Settlement Amount shall be made via the eDividend or Cash Redemption Payment Service by Bursa Malaysia Depository into the bank account of the Holders as provided in the Record of Depositors within seven (7) Market Days following the Expiry Date. Bank cheques shall be issued in favour of the Holders whose bank account information is not available in the Record of Depositors.
This announcement is dated 25 June 2019. |
Announcement Info
Company Name | DIGI-C26: CW DIGI.COM BERHAD (RHB) |
Stock Name | DIGI-C26 |
Date Announced | 25 Jun 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-25062019-00045 |