Structured Warrants - Final Settlement
| DJIA-H4: PW DOW JONES INDUSTRIAL AVERAGE INDEX (MACQ) |
| Description | MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER UNITS OF DOW JONES INDUSTRIAL AVERAGE® INDEX ("DJIA") ("DJIA-H4") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 20 Mar 2023 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that the DJIA-H4 have expired at 9:00 a.m. on 20 March 2023 ("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 Level - Settlement Level) X (1/Exercise Ratio) X Multiplier X Settlement Exchange Rate
= Number of Structured Warrants X (29,500.0000 - 32,106.3000) X (1/25000.0000) X USD1.00 X RM/USD 4.4778
= Number of Structured Warrants X RM 0.0000
The Settlement Level has been determined at 32,106.3000, being the final settlement price for the futures contracts over DJIA scheduled to expire on 17 March 2023.
As the Settlement Level is greater than the Exercise Level, the Cash Settlement Amount is negative. Warrantholders will not be entitled to receive any payment of the Cash Settlement Amount.
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 20 March 2023. |
Announcement Info
| Company Name | DJIA-H4: PW DOW JONES INDUSTRIAL AVERAGE INDEX (MACQ) |
| Stock Name | DJIA-H4 |
| Date Announced | 20 Mar 2023 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-17032023-00016 |
| Corporate Action ID | MY230317EXWA0016 |