Structured Warrants - Final Settlement
| DSONIC-C24: CW DATASONIC GROUP BERHAD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DATASONIC GROUP BERHAD ("DSONIC") ("DSONIC-C24") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 27 Apr 2021 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that DSONIC-C24 have expired at 9.00 a.m. on 27 April 2021 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per DSONIC-C24) (if the said amount is greater than zero).
The Settlement Price has been determined at RM0.5690 being the arithmetic mean of the closing price of DSONIC 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 DSONIC-C24 exercised - 0.30%
= {(RM0.5690 - RM0.8000) / 2.2500} x Number of DSONIC-C24 exercised - 0.30%
= RM0.0000 x Number of DSONIC-C24 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 27 April 2021. |
Announcement Info
| Company Name | DSONIC-C24: CW DATASONIC GROUP BERHAD (RHB) |
| Stock Name | DSONIC-C24 |
| Date Announced | 27 Apr 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-27042021-00034 |
| Corporate Action ID | MY210427EXWA0034 |