Structured Warrants - Final Settlement
| NIKKEI-C2: CW NIKKEI STOCK AVERAGE (NIKKEI 225) INDEX (MACQ) |
| Description | MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER UNITS OF NIKKEI STOCK AVERAGE (NIKKEI 225) INDEX ("NIKKEI") ("NIKKEI-C2") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 08 Dec 2023 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that the NIKKEI-C2 have expired at 5.00 p.m. on 08 December 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 (Settlement Level - Exercise Level) X (1/Exercise Ratio) X Multiplier X Settlement Exchange Rate
= Number of Structured Warrants X (32,639.5700 - 36,500.0000) X (1/150.0000) X JPY1.00 X RM/JPY 0.0324
= Number of Structured Warrants X RM 0.0000
The Settlement Level has been determined at 32,639.5700, being the final settlement price for settling the corresponding spot-month index futures contracts scheduled to expire on the scheduled Expiry Date.
As the Settlement Level is less 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 08 December 2023. |
Announcement Info
| Company Name | NIKKEI-C2: CW NIKKEI STOCK AVERAGE (NIKKEI 225) INDEX (MACQ) |
| Stock Name | NIKKEI-C2 |
| Date Announced | 08 Dec 2023 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-08122023-00022 |
| Corporate Action ID | MY231208EXWA0022 |