Structured Warrants - Final Settlement
| FBMKLCI-HDM: PW FTSE BURSA MALAYSIA KLCI INDEX (MACQ) |
| Description | MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER UNITS OF FTSE BURSA MALAYSIA KLCI ("FBMKLCI") ("FBMKLCI-HDM") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 29 Oct 2021 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that the FBMKLCI-HDM have expired at 5.00 p.m. on 29 October 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 (Exercise Price - Settlement Level) X (1/Exercise Ratio) X Multiplier
= Number of Structured Warrants X (1,520.0000 - 1,567.0000) X (1/300.0000) X RM1.00
= Number of Structured Warrants X RM 0.0000
The Settlement Level has been determined at 1,567.0000, being the final settlement price for settling the corresponding spot-month index futures contracts scheduled to expire on the scheduled Expiry Date.
As the Settlement Level is greater than the Exercise Level, 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 29 October 2021. |
Announcement Info
| Company Name | FBMKLCI-HDM: PW FTSE BURSA MALAYSIA KLCI INDEX (MACQ) |
| Stock Name | FBMKLCI-HDM |
| Date Announced | 29 Oct 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-29102021-00032 |
| Corporate Action ID | MY211029EXWA0032 |