Structured Warrants - Final Settlement
HSI-CFO: CW HANG SENG INDEX (CIMB) |
Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE HANG SENG INDEX ("HSI") ("HSI-CFO") |
Instrument Type | CALL WARRANTS |
Exercise Style | European |
Settlement Type | Cash |
Date & Time of Expiry | 30 Jul 2021 05:00 PM |
Securities Debiting Date | |
Settlement Indicator | Out of the Money/At the Money |
We wish to announce that the HSI-CFO expired at 5.00 p.m. on 30 Jul 2021 (Expiry Date) and the Cash Settlement Amount shall be calculated as below. Cash Settlement Amount = Number of HSI-CFO x (Closing Level - Exercise Level) x (1/Exercise Ratio) x Multiplier x Settlement Exchange Rate = Number of HSI-CFO x (26,146.00 - 28,600.00) x (1/3500) x RM1 x RM/HKD 0.5434 = Number of HSI-CFO x RM0.0000 The Closing Level of 26,146.00 is the reference to the final settlement price for settling the corresponding spot-month index future contracts immediately before the Expiry Date. As the Cash Settlement Amount is less than zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised HSI-CFO will cease to be valid and all our obligations in respect of the HSI-CFO shall terminate absolutely. This announcement is dated 30 Jul 2020. |
Announcement Info
Company Name | HSI-CFO: CW HANG SENG INDEX (CIMB) |
Stock Name | HSI-CFO |
Date Announced | 30 Jul 2021 |
Category | Structured Warrants - Final Settlement |
Reference Number | SWF-30072021-00040 |
Corporate Action ID | MY210730EXWA0040 |