ASTRO-C27

0.005

(%)

Structured Warrants - Final Settlement

ASTRO-C27: CW ASTRO MALAYSIA HOLDINGS BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF ASTRO MALAYSIA HOLDINGS BERHAD ("ASTRO") ("ASTRO-C27")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 26 Jan 2022 09:00 AM
Securities Debiting Date
Settlement Indicator Out of the Money/At the Money

We are pleased to announce that ASTRO-C27 have expired at 9.00 a.m. on 26 January 2022 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per ASTRO-C27) (if the said amount is greater than zero).

The Settlement Price has been determined at RM 0.9710 being the arithmetic mean of the closing price of ASTRO Shares on Bursa Malaysia Securities Berhad for the five (5) scheduled market days prior to and including the market day before the Expiry Date.  

Cash Settlement Amount

= {(Settlement Price - Exercise Price) / Exercise Ratio } x Number of ASTRO-C27 exercised - 0.30%

= {(RM 0.9710 - RM 1.0000) / 3 } x  Number of ASTRO-C27 exercised - 0.30%

= RM 0.0000 x Number of ASTRO-C27 exercised - 0.30%

As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Warrant holders will not be entitled to receive any payment of the Cash Settlement Amount.


This announcement is dated 26 January 2022.



Announcement Info

Company Name ASTRO-C27: CW ASTRO MALAYSIA HOLDINGS BERHAD (RHB)
Stock Name ASTRO-C27
Date Announced 26 Jan 2022
Category Structured Warrants - Final Settlement
Reference Number SWF-26012022-00018
Corporate Action ID MY220126EXWA0018