AFFIN-C5

0.005

(%)

Structured Warrants - Final Settlement

AFFIN-C5: CW AFFIN BANK BERHAD (MACQ)

Description
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF AFFIN BANK BERHAD ("AFFIN") ("AFFIN-C5")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 27 Dec 2023 05:00 PM
Securities Debiting Date
Settlement Indicator Out of the Money/At the Money

We are pleased to announce that the AFFIN-C5 have expired at 5.00 p.m. on 27 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 Price - Exercise Price) X (1/Exercise Ratio)
= Number of Structured Warrants X (RM 2.0600 - RM 2.1800) X (1/2.5000)
= Number of Structured Warrants X RM 0.0000

The Settlement Price has been determined at RM 2.0600, being the average closing price of the AFFIN Shares on Bursa Malaysia Securities Berhad for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.

As the Settlement Price is less than the Exercise Price, 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 27 December 2023.



Announcement Info

Company Name AFFIN-C5: CW AFFIN BANK BERHAD (MACQ)
Stock Name AFFIN-C5
Date Announced 27 Dec 2023
Category Structured Warrants - Final Settlement
Reference Number SWF-27122023-00003
Corporate Action ID MY231227EXWA0003