GENTINGC93

0.190

(%)

Structured Warrants - Final Settlement

GENTINGC93: CW GENTING BERHAD (MACQ)

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

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GENTING BERHAD ("GENTING") ("GENTINGC93")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 16 Jul 2021 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.1960
Payment Date 22 Jul 2021

We are pleased to announce that the GENTINGC93 have expired at 5.00 p.m. on 16 July 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 4.7840 - RM 4.0000) X (1/4.0000)
= Number of Structured Warrants X RM 0.1960

The Settlement Price has been determined at RM 4.7840, being the average closing price of the GENTING Shares on  Bursa Malaysia Securities Berhad for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date
 
The Cash Settlement Amount, less all exercise expenses (currently borne by the Issuer and no charge shall be incurred by the Holder) shall be made by way of cheque within 7 Market Days from the Expiry Date. The cheques will be delivered to Holders by ordinary post.

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 16 July 2021.



Announcement Info

Company Name GENTINGC93: CW GENTING BERHAD (MACQ)
Stock Name GENTINGC93
Date Announced 16 Jul 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-16072021-00001
Corporate Action ID MY210716EXWA0001