FBMKLCI-H4Z

0.270

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT

FBMKLCI-H4Z: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
FINAL SETTLEMENT
Description
CIMB BANK BERHAD ("CIMB BANK")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER THE FTSE BURSA MALAYSIA KLCI INDEX ("FBMKLCI") ("FBMKLCI-H4Z")

We wish to announce that the FBMKLCI-H4Z expired at 5.00 p.m. on 30 November 2018 (“Expiry Date”) and the Cash Settlement Amount shall be calculated as below.

 

Cash Settlement Amount

=

Number of FBMKLCI-H4Z x (Exercise Level – Closing Level) x  (1/Exercise Ratio) x Multiplier

 

=

Number of FBMKLCI-H4Z x (1,825.00 – 1,685.00) x (1/500) x RM1

 

=

Number of FBMKLCI-H4Z x RM0.2800

 

The Closing Level of 1,685.00 is the reference to the final settlement price for settling the corresponding spot-month index future contracts immediately on the Expiry Date.

 

The Cash Settlement Amount shall be made by way of cheque within 7 market days from the Expiry Date. The cheques will be delivered to warrantholders by ordinary post.

 

This announcement is dated 30 November 2018.






Announcement Info

Company Name FBMKLCI-H4Z: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB)
Stock Name FBMKLCI-H4Z
Date Announced 30 Nov 2018
Category General Announcement for PLC
Reference Number GA1-30112018-00150