Structured Warrants - Final Settlement
| FBMKLCI-HDZ: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER THE FTSE BURSA MALAYSIA KLCI INDEX ("FBMKLCI") ("FBMKLCI-HDZ") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Jun 2022 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.2730 |
| Payment Date | 12 Jul 2022 |
We wish to announce that the FBMKLCI-HDZ expired at 5.00 p.m. on 30 June 2022 ("Expiry Date"). The Cash Settlement Amount is as follows:
Cash Settlement Amount = Number of FBMKLCI-HDZ x (Exercise Level - Closing Level) x (1/Exercise Ratio) x Multiplier
= Number of FBMKLCI-HDZ x (1,590.00 - 1,453.50) x (1/500) x RM1
= Number of FBMKLCI-HDZ x RM0.2730
The Closing Level of 1,453.50 was determined based on the final settlement price for settling the corresponding spot-month index future contracts immediately on 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 FBMKLCI-HDZ by ordinary post.
This announcement is dated 30 June 2022. |
Announcement Info
| Company Name | FBMKLCI-HDZ: PW FTSE BURSA MALAYSIA KLCI INDEX (CIMB) |
| Stock Name | FBMKLCI-HDZ |
| Date Announced | 30 Jun 2022 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30062022-00026 |
| Corporate Action ID | MY220630EXWA0026 |