Structured Warrants - Final Settlement
| TM-C52: CW TELEKOM MALAYSIA BERHAD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TELEKOM MALAYSIA BERHAD ("TM") ("TM-C52") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 20 Feb 2020 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that TM-C52 have expired at 9.00 a.m. on 20 February 2020 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per TM-C52) (if the said amount is greater than zero).
The Settlement Price has been determined at RM 3.8660 being the arithmetic mean of the closing price of TM 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 TM-C52 exercised - 0.30%
= {(RM 3.8660 - RM 4.9000) / 5 } x Number of TM-C52 exercised - 0.30%
= RM 0.0000 x Number of TM-C52 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 20 February 2020. |
Announcement Info
| Company Name | TM-C52: CW TELEKOM MALAYSIA BERHAD (RHB) |
| Stock Name | TM-C52 |
| Date Announced | 20 Feb 2020 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-20022020-00003 |
| Corporate Action ID | MY200220EXWA0003 |