UEMS-C84

0.585

(%)

Structured Warrants - Final Settlement

UEMS-C84: CW UEM SUNRISE BERHAD (AFFIN)

Description
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF UEM SUNRISE BERHAD ("UEMS") ("UEMS-C84")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 28 Dec 2023 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.5780
Payment Date 09 Jan 2024

We wish to announce that UEMS-C84 has expired at 5.00 p.m. on 28 December 2023 ("Expiry Date") and the Cash Settlement Amount shall be calculated as follows:

Cash Settlement Amount

= Number of UEMS-C84 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of UEMS-C84 x (RM0.8280 - RM0.2500) x (1/1)
= Number of UEMS-C84 x RM0.5780

The Closing Price of RM0.8280 was determined based on the average closing price of the UEMS 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 December 2023.



Announcement Info

Company Name UEMS-C84: CW UEM SUNRISE BERHAD (AFFIN)
Stock Name UEMS-C84
Date Announced 28 Dec 2023
Category Structured Warrants - Final Settlement
Reference Number SWF-28122023-00022
Corporate Action ID MY231228EXWA0022