SERBADK-C19

0.005

(%)

Structured Warrants - Final Settlement

SERBADK-C19: CW SERBA DINAMIK HOLDINGS BERHAD (MACQ)

Description
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SERBA DINAMIK HOLDINGS BERHAD ("SERBADK") ("SERBADK-C19")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 11 Jun 2021 05:00 PM
Securities Debiting Date
Settlement Indicator Out of the Money/At the Money

We are pleased to announce that the SERBADK-C19 have expired at 5.00 p.m. on 11 June 2021 ("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 Price - Exercise Price) X (1/Exercise Ratio)
= Number of Structured Warrants X (RM 0.6970 - RM 1.9500) X (1/2.5000)
= Number of Structured Warrants X RM 0.0000

The Settlement Price has been determined at RM 0.6970, being the average closing price of the SERBADK Shares on Bursa Malaysia Securities Berhad for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.

As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative. Warrantholders will not be entitled to receive any payment of the Cash Settlement Amount.

Terms not defined in this announcement shall have the meanings given to them in the Term Sheet for the warrants and the Base Prospectus.

This announcement is dated 11 June 2021.



Announcement Info

Company Name SERBADK-C19: CW SERBA DINAMIK HOLDINGS BERHAD (MACQ)
Stock Name SERBADK-C19
Date Announced 11 Jun 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-11062021-00009
Corporate Action ID MY210611EXWA0009