PENTA-C27

0.000

(%)

Structured Warrants - Final Settlement

PENTA-C27: CW PENTAMASTER CORPORATION BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PENTAMASTER CORPORATION BERHAD ("PENTA") ("PENTA-C27")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 27 Jun 2023 09:00 AM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.1311
Payment Date 07 Jul 2023

We are pleased to announce that PENTA-C27 has expired at 9.00 a.m. on 27 June 2023 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per PENTA-C27) (if the said amount is greater than zero).

The Settlement Price has been determined at RM4.8180 being the arithmetic mean of the closing price of PENTA Shares on Bursa Malaysia Securities Berhad for the five (5) scheduled market days prior to and including the market day before the Expiry Date. 
Cash Settlement Amount

= {(Settlement Price - Exercise Price) / Exercise Ratio } x Number of PENTA-C27 exercised - 0.30%

= {(RM4.8180 - RM3.9000) / 7 } x Number of PENTA-C27 exercised - 0.30%

= RM0.1311 x Number of PENTA-C27 exercised - 0.30%

Payment of the Cash Settlement Amount shall be made via the eDividend or Cash Redemption Payment Service by Bursa Malaysia Depository into the bank account of the Holders as provided in the Record of Depositors within seven (7) Market Days following the Expiry Date. Bank cheques shall be issued in favour of the Holders whose bank account information is not available in the Record of Depositors.


This announcement is dated 27 June 2023.



Announcement Info

Company Name PENTA-C27: CW PENTAMASTER CORPORATION BERHAD (RHB)
Stock Name PENTA-C27
Date Announced 27 Jun 2023
Category Structured Warrants - Final Settlement
Reference Number SWF-27062023-00011
Corporate Action ID MY230627EXWA0011