Structured Warrants - Final Settlement
| HARTA-C82: CW HARTALEGA HOLDINGS BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF HARTALEGA HOLDINGS BERHAD ("HARTA") ("HARTA SHARE") ("HARTA-C82") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 20 May 2022 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that HARTA-C82 expired at 5.00 p.m. on 20 May 2022 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of HARTA-C82 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of HARTA-C82 x (RM4.3071 - RM7.4000) x (1/15)
= Number of HARTA-C82 x RM0.0000
The Closing Price of RM4.3071 is the average volume-weighted average price (VWAP) of the HARTA Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
As the Cash Settlement Amount is equal to or less than zero, we shall not be obliged to make any payment to the relevant holder and HARTA-C82 shall become void and cease to have exercise rights and our obligation in respect of HARTA-C82 shall terminate absolutely.
This announcement is dated 20 May 2022. |
Announcement Info
| Company Name | HARTA-C82: CW HARTALEGA HOLDINGS BERHAD (AM) |
| Stock Name | HARTA-C82 |
| Date Announced | 20 May 2022 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-20052022-00008 |
| Corporate Action ID | MY220520EXWA0008 |