GENTING-HF

0.080

(%)

Structured Warrants - Final Settlement

GENTING-HF: PW GENTING BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

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

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

The Settlement Price has been determined at RM 4.8660 being the arithmetic mean of the closing price of GENTING 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

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

= {(RM 4.5000 - RM 4.8660) / 7 } x  Number of GENTING-HF exercised - 0.30%

= RM 0.0000 x Number of GENTING-HF exercised - 0.30%

As the Exercise Price is less than the Settlement 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 May 2022.



Announcement Info

Company Name GENTING-HF: PW GENTING BERHAD (RHB)
Stock Name GENTING-HF
Date Announced 26 May 2022
Category Structured Warrants - Final Settlement
Reference Number SWF-26052022-00014
Corporate Action ID MY220526EXWA0014