Structured Warrants - Final Settlement
| PETDAG-C4: CW PETRONAS DAGANGAN BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PETRONAS DAGANGAN BERHAD ("PETDAG") ("PETDAG-C4") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Nov 2022 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0675 |
| Payment Date | 09 Dec 2022 |
We wish to announce that PETDAG-C4 expired at 5.00 p.m. on 30 November 2022 ("Expiry Date"). The Cash Settlement Amount is as follows:
Cash Settlement Amount = Number of PETDAG-C4 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of PETDAG-C4 x (RM22.3501 - RM21.00) x (1/20)
= Number of PETDAG-C4 x RM0.0675
The Closing Price of RM22.3501 was determined based on the arithmetic mean of daily volume weighted average market price of PETDAG shares for the 5 market days prior to and including the market day 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 PETDAG-C4 by ordinary post.
This announcement is dated 30 November 2022. |
Announcement Info
| Company Name | PETDAG-C4: CW PETRONAS DAGANGAN BERHAD (CIMB) |
| Stock Name | PETDAG-C4 |
| Date Announced | 30 Nov 2022 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30112022-00057 |
| Corporate Action ID | MY221130EXWA0057 |