Structured Warrants - Final Settlement
| D&O-CY: CW D & O GREEN TECHNOLOGIES BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF D & O GREEN TECHNOLOGIES BERHAD ("D&O") ("D&O SHARE") ("D&O-CY") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 10 Feb 2023 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0839 |
| Payment Date | 21 Feb 2023 |
We wish to announce that D&O-CY expired at 5.00 p.m. on 10 February 2023 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of D&O-CY x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of D&O-CY x (RM4.8394 - RM4.0000) x (1/10)
= Number of D&O-CY x RM0.0839
The Closing Price of RM 4.8394 is the average volume-weighted average price (VWAP) of the D&O Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
The Cash Settlement Amount shall be despatched as soon as practicable and no later than seven (7) market days following the Expiry Date by way of a crossed cheque drawn in favour of the holder or by electronic transfer. Any payment made shall be delivered by ordinary post.
This announcement is dated 10 February 2023. |
Announcement Info
| Company Name | D&O-CY: CW D & O GREEN TECHNOLOGIES BERHAD (AM) |
| Stock Name | D&O-CY |
| Date Announced | 10 Feb 2023 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-10022023-00001 |
| Corporate Action ID | MY230210EXWA0001 |