SIMEPLT-C11

0.010

(%)

Structured Warrants - Final Settlement

SIMEPLT-C11: CW SIME DARBY PLANTATION BERHAD (CIMB)

Description
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SIME DARBY PLANTATION BERHAD ("SIMEPLT") ("SIMEPLT-C11")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 31 Jan 2023 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.0126
Payment Date 10 Feb 2023

We wish to announce that SIMEPLT-C11 expired at 5.00 p.m. on 31 Jan 2023 ("Expiry Date"). The Cash Settlement Amount is as follows:

Cash Settlement Amount	=	Number of SIMEPLT-C11 x (Closing Price - Exercise Price) x  (1/Exercise Ratio)
	=	Number of SIMEPLT-C11 x (RM4.3507 - RM4.30) x (1/4)
	=	Number of SIMEPLT-C11 x RM0.0126

The Closing Price of RM4.3507 was determined based on the arithmetic mean of daily volume weighted average market price of SIMEPLT 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 SIMEPLT-C11 by ordinary post.

This announcement is dated 31 January 2023.



Announcement Info

Company Name SIMEPLT-C11: CW SIME DARBY PLANTATION BERHAD (CIMB)
Stock Name SIMEPLT-C11
Date Announced 31 Jan 2023
Category Structured Warrants - Final Settlement
Reference Number SWF-31012023-00024
Corporate Action ID MY230131EXWA0024