Structured Warrants - Final Settlement
FBMKLCI-HGN: PW FTSE BURSA MALAYSIA KLCI INDEX (MACQ) |
Description | MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ") EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER UNITS OF FTSE BURSA MALAYSIA KLCI ("FBMKLCI") ("FBMKLCI-HGN") |
Instrument Type | PUT WARRANTS |
Exercise Style | European |
Settlement Type | Cash |
Date & Time of Expiry | 30 Dec 2022 05:00 PM |
Securities Debiting Date | |
Settlement Indicator | In the money |
Cash Entitlement | |
Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.2833 |
Payment Date | 05 Jan 2023 |
We are pleased to announce that the FBMKLCI-HGN have expired at 5.00 p.m. on 30 December 2022 ("Expiry Date"). The Cash Settlement Amount shall be an amount in the Settlement Currency (if greater than zero), calculated as follows: Cash Settlement Amount = Number of Structured Warrants X (Exercise Price - Settlement Level) X (1/Exercise Ratio) X Multiplier = Number of Structured Warrants X (1,570.0000 - 1,485.0000) X (1/300.0000) X RM1.00 = Number of Structured Warrants X RM 0.2833 The Settlement Level has been determined at 1,485.0000, being the final settlement price for settling the corresponding spot-month index futures contracts scheduled to expire on the scheduled Expiry Date. The Cash Settlement Amount, less all exercise expenses (currently borne by the Issuer and no charge shall be incurred by the Holder) shall be made by way of electronic payment or cheque within 7 Market Days from the Expiry Date. The cheques will be delivered to Holders by ordinary post. Terms not defined in this announcement shall have the meanings given to them in the Term Sheet for the warrants and the Base Prospectus. This announcement is dated 30 December 2022. |
Announcement Info
Company Name | FBMKLCI-HGN: PW FTSE BURSA MALAYSIA KLCI INDEX (MACQ) |
Stock Name | FBMKLCI-HGN |
Date Announced | 30 Dec 2022 |
Category | Structured Warrants - Final Settlement |
Reference Number | SWF-30122022-00043 |
Corporate Action ID | MY221230EXWA0043 |