RHBBANK-C3

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STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT

RHBBANK-C3: CW RHB BANK BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
FINAL SETTLEMENT
Description
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF RHB BANK BERHAD ("RHBBANK") ("RHBBANK-C3")

We wish to announce that the RHBBANK-C3 expired at 5.00 p.m. on 29 June 2018 (“Expiry Date”) and the Cash Settlement Amount shall be calculated as below.

 

Cash Settlement Amount

=

Number of RHBBANK-C3 x (Closing Price – Exercise Price) x  (1/Exercise Ratio)

 

=

Number of RHBBANK-C3 x (RM5.4774 – RM5.00) x (1/3)

 

=

Number of RHBBANK-C3 x RM0.1591

 

The Closing Price of RM5.4774 is the arithmetic mean of daily volume weighted average market price of RHBBANK shares for the 5 market days prior to and including the market day immediately before 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 29 June 2018.






Announcement Info

Company Name RHBBANK-C3: CW RHB BANK BERHAD (CIMB)
Stock Name RHBBANK-C3
Date Announced 29 Jun 2018
Category General Announcement for PLC
Reference Number GA1-29062018-00025