We wish to announce that DIGI-C27 had expired at 9.00 a.m. on 17 June 2019 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:

Cash Settlement Amount

= Number of DIGI-C27 exercised x (1/Exercise Ratio) x (Closing Price – Exercise Price) 

= Number of DIGI-C27 exercised x (1/3.5) x (RM4.8791 - RM4.8800) 

= Number of DIGI-C27 exercised x RM0.0000 

The Closing Price of RM4.8791 is the average daily volume weighted average price (VWAP) of the ordinary shares of DIGI for the five (5) market days prior to and including the market day immediately before the Expiry Date. The DIGI-C27 is deemed to have been automatically exercised on the Expiry Date.

As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised DIGI-C27 will cease to be valid and all our obligations in respect to DIGI-C27 shall terminate absolutely.

This announcement is dated 17 June 2019.