Structured Warrants - Final Settlement
MAXIS-C28: CW MAXIS BERHAD (CIMB) |
Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MAXIS BERHAD (MAXIS) ("MAXIS-C28") |
Instrument Type | CALL WARRANTS |
Exercise Style | European |
Settlement Type | Cash |
Date & Time of Expiry | 31 Mar 2022 05:00 PM |
Securities Debiting Date | |
Settlement Indicator | Out of the Money/At the Money |
We wish to announce that MAXIS-C28 expired at 5.00 p.m. on 31 March 2022 ("Expiry Date"). The Closing Price of RM4.0533 was determined based on the arithmetic mean of daily volume weighted average market price of MAXIS shares for the 5 market days prior to and including the market day immediately before the Expiry Date. As the Closing Price is lower than MAXIS-C28's Exercise Price of RM4.80, holders of MAXIS-C28 will not be entitled to receive any payment from us. All outstanding and unexercised MAXIS-C28 will cease to be valid and all of our obligations in respect of the MAXIS-C28 shall terminate absolutely. This announcement is dated 31 March 2022. |
Announcement Info
Company Name | MAXIS-C28: CW MAXIS BERHAD (CIMB) |
Stock Name | MAXIS-C28 |
Date Announced | 31 Mar 2022 |
Category | Structured Warrants - Final Settlement |
Reference Number | SWF-30032022-00007 |
Corporate Action ID | MY220330EXWA0007 |