PERTAMA-CB

0.000

(%)

Structured Warrants - Final Settlement

PERTAMA-CB: CW PERTAMA DIGITAL BERHAD (AFFIN)

Description
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PERTAMA DIGITAL BERHAD ("PERTAMA") ("PERTAMA-CB")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 28 Nov 2023 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.2720
Payment Date 07 Dec 2023

We wish to announce that PERTAMA-CB has expired at 5.00 p.m. on 28 November 2023 ("Expiry Date") and the Cash Settlement Amount shall be calculated as follows:

Cash Settlement Amount

= Number of PERTAMA-CB x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of PERTAMA-CB x (RM3.0880 - RM2.0000) x (1/4)
= Number of PERTAMA-CB x RM0.2720

The Closing Price of RM3.0880 was determined based on the average closing price of the PERTAMA Shares (subject to any adjustment as may be necessary to reflect any capitalisation, rights issue, distribution or others) for the five (5) Market Days prior to and including the Market Day immediately before the 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.

This announcement is dated 28 November 2023.



Announcement Info

Company Name PERTAMA-CB: CW PERTAMA DIGITAL BERHAD (AFFIN)
Stock Name PERTAMA-CB
Date Announced 28 Nov 2023
Category Structured Warrants - Final Settlement
Reference Number SWF-28112023-00007
Corporate Action ID MY231128EXWA0007