SP500-CK

0.485

(%)

Structured Warrants - Final Settlement

SP500-CK: CW S&P 500 INDEX (MACQ)

Description
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER UNITS OF S&P 500® INDEX ("SP500") ("SP500-CK")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 21 Sep 2020 09:00 AM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.2205
Payment Date 24 Sep 2020

We are pleased to announce that the SP500-CK have expired at 9.00 a.m. on 21 September 2020 ("Expiry Date"). The Cash Settlement Amount shall be an amount in the Settlement Currency (if greater than zero), calculated as follows:

Cash Settlement Amount
= Number of Structured Warrants X (Settlement Level - Exercise Level) X (1/Exercise Ratio) X Multiplier X Settlement Exchange Rate
= Number of Structured Warrants X (3,353.6000 - 3,300.0000) X (1/1000.0000) X USD1.00 X RM/USD 4.1140
= Number of Structured Warrants X RM 0.2205

The Settlement Level has been determined at 3,353.6000, being the Special Opening Quotation ("SOQ") for SP500 as published on the Bloomberg page "SPXSET " on 18 September 2020.

The Cash Settlement Amount, less all exercise expenses (currently borne by the Issuer and no charge shall be incurred by the Holder) shall be made by way of cheque within 7 Market Days from the Expiry Date. The cheques will be delivered to Holders by ordinary post.

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 21 September 2020.



Announcement Info

Company Name SP500-CK: CW S&P 500 INDEX (MACQ)
Stock Name SP500-CK
Date Announced 21 Sep 2020
Category Structured Warrants - Final Settlement
Reference Number SWF-21092020-00003
Corporate Action ID MY200921EXWA0003