HSI-HPK

0.350

(%)

Structured Warrants - Final Settlement

HSI-HPK: PW HANG SENG INDEX (MACQ)

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

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER UNITS OF HANG SENG INDEX ("HSI") ("HSI-HPK")
Instrument Type PUT 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) 0.0300
Payment Date 03 Jan 2024

We are pleased to announce that the HSI-HPK have expired at 5.00 p.m. on 28 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 (Exercise Level - Settlement Level) X (1/Exercise Ratio) X Multiplier X Settlement Exchange Rate
= Number of Structured Warrants X (17,000.0000 - 16,939.0000) X (1/1200.0000) X HKD1.00 X RM/HKD 0.5899
= Number of Structured Warrants X RM 0.0300

The Settlement Level has been determined at 16,939.0000, being the final settlement price for settling the corresponding spot-month index futures contracts scheduled to expire on the scheduled 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.

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 28 December 2023.



Announcement Info

Company Name HSI-HPK: PW HANG SENG INDEX (MACQ)
Stock Name HSI-HPK
Date Announced 28 Dec 2023
Category Structured Warrants - Final Settlement
Reference Number SWF-28122023-00026
Corporate Action ID MY231228EXWA0026