SIMEPLT-CQ

0.060

(%)

Structured Warrants - Final Settlement

SIMEPLT-CQ: CW SIME DARBY PLANTATION BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SIME DARBY PLANTATION BERHAD ("SIMEPLT") ("SIMEPLT-CQ")
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 SIMEPLT-CQ 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 SIMEPLT-CQ) (if the said amount is greater than zero).

The Settlement Price has been determined at RM4.4640 being the arithmetic mean of the closing price of SIMEPLT 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 SIMEPLT-CQ exercised - 0.30%
= {(RM4.4640 - RM5.2000) / 6.5} x Number of SIMEPLT-CQ exercised - 0.30%
= RM0.0000 x Number of SIMEPLT-CQ 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 SIMEPLT-CQ: CW SIME DARBY PLANTATION BERHAD (RHB)
Stock Name SIMEPLT-CQ
Date Announced 27 Apr 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-27042021-00020
Corporate Action ID MY210427EXWA0020