RHBBANKC35

0.025

(%)

Structured Warrants - Final Settlement

RHBBANKC35: CW RHB BANK BERHAD (CIMB)

Description
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF RHB BANK BERHAD ("RHBBANK") ("RHBBANKC35")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 31 May 2022 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.0248
Payment Date 10 Jun 2022

We wish to announce that RHBBANKC35 expired at 5.00 p.m. on 31 May 2022 ("Expiry Date"). The Cash Settlement Amount is as follows:

Cash Settlement Amount	=	Number of RHBBANKC35 x (Closing Price - Exercise Price) x  (1/Exercise Ratio)
	=	Number of RHBBANKC35 x (RM5.874 - RM5.75) x (1/5)
	=	Number of RHBBANKC35 x RM0.0248

The Closing Price of RM5.874 was determined based on 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 or such other mode as may be approved by Bursa Malaysia Securities Berhad and determined by us, within 7 market days from the Expiry Date. The cheques will be delivered to holders of RHBBANKC35 by ordinary post.


This announcement is dated 31 May 2022.



Announcement Info

Company Name RHBBANKC35: CW RHB BANK BERHAD (CIMB)
Stock Name RHBBANKC35
Date Announced 31 May 2022
Category Structured Warrants - Final Settlement
Reference Number SWF-31052022-00021
Corporate Action ID MY220531EXWA0021