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 |
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 |