Structured Warrants - Final Settlement
SUPERMX-C1F: CW SUPERMAX CORPORATION BERHAD (AM) |
Description | AMBANK (M) BERHAD ("AMBANK") EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASHSETTLED CALL WARRANTS OVER ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX SHARE") ("SUPERMX-C1F") |
Instrument Type | CALL WARRANTS |
Exercise Style | European |
Settlement Type | Cash |
Date & Time of Expiry | 07 May 2021 05:00 PM |
Securities Debiting Date | |
Settlement Indicator | Out of the Money/At the Money |
We wish to announce that SUPERMX-C1F expired at 5.00 p.m. on 7 May 2021 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below. Cash Settlement Amount: = Number of SUPERMX-C1F x (Closing Price - Exercise Price) x (1/Exercise Ratio) = Number of SUPERMX-C1F x (RM5.6985 - RM17.1196) x (1/24.4565) = Number of SUPERMX-C1F x RM0.0000 The Closing Price of RM5.6985 is the average volume-weighted average price (VWAP) of the SUPERMX Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date. As the Cash Settlement Amount is equal to or less than zero, we shall not be obliged to make any payment to the relevant holder and SUPERMXC1F shall become void and cease to have exercise rights and our obligation in respect of SUPERMX-C1F shall terminate absolutely. This announcement is dated 7 May 2021. |
Announcement Info
Company Name | SUPERMX-C1F: CW SUPERMAX CORPORATION BERHAD (AM) |
Stock Name | SUPERMX-C1F |
Date Announced | 07 May 2021 |
Category | Structured Warrants - Final Settlement |
Reference Number | SWF-07052021-00008 |
Corporate Action ID | MY210507EXWA0008 |