Structured Warrants - Final Settlement
| DIALOG-C87: CW DIALOG GROUP BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF DIALOG GROUP BERHAD ("DIALOG") ("DIALOG-C87") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Dec 2022 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that DIALOG-C87 expired at 5.00 p.m. on 30 December 2022 ("Expiry Date").
The Closing Price of RM2.3904 was determined based on the arithmetic mean of daily volume weighted average market price of DIALOG shares for the 5 market days prior to and including the market day immediately before the Expiry Date.
As the Closing Price is lower than DIALOG-C87's Exercise Price of RM2.45, holders of DIALOG-C87 will not be entitled to receive any payment from us. All outstanding and unexercised DIALOG-C87 will cease to be valid and all of our obligations in respect of the DIALOG-C87 shall terminate absolutely.
This announcement is dated 30 December 2022. |
Announcement Info
| Company Name | DIALOG-C87: CW DIALOG GROUP BERHAD (CIMB) |
| Stock Name | DIALOG-C87 |
| Date Announced | 30 Dec 2022 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30122022-00013 |
| Corporate Action ID | MY221230EXWA0013 |