Structured Warrants - Final Settlement
| TM-C66: CW TELEKOM MALAYSIA BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TELEKOM MALAYSIA BERHAD ("TM") ("TM SHARE") ("TM-C66") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 26 Feb 2021 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.2311 |
| Payment Date | 09 Mar 2021 |
We wish to announce that TM-C66 expired at 5.00 p.m. on 26 February 2021 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of TM-C66 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of TM-C66 x (RM6.4174 - RM4.80) x (1/7)
= Number of TM-C66 x RM0.2311
The Closing Price of RM6.4174 is the average volume-weighted average price (VWAP) of the TM Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
The Cash Settlement Amount shall be despatched as soon as practicable and no later than seven (7) market days following the Expiry Date by way of a crossed cheque drawn in favour of the holder or by electronic transfer. Any payment made shall be delivered by ordinary post.
This announcement is dated 26 February 2021. |
Announcement Info
| Company Name | TM-C66: CW TELEKOM MALAYSIA BERHAD (AM) |
| Stock Name | TM-C66 |
| Date Announced | 26 Feb 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-26022021-00051 |
| Corporate Action ID | MY210226EXWA0051 |