INARI-C2B

0.005

(%)

Structured Warrants - Final Settlement

INARI-C2B: CW INARI AMERTRON BERHAD (CIMB)

Description
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF INARI AMERTRON BERHAD ("INARI") ("INARI-C2B")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 29 Dec 2023 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.0004
Payment Date 10 Jan 2024

We wish to announce that INARI-C2B expired at 5.00 p.m. on 29 December 2023 ("Expiry Date"). The Cash Settlement Amount is as follows:

Cash Settlement Amount	=	Number of INARI-C2B x (Closing Price - Exercise Price) x  (1/Exercise Ratio)
	=	Number of INARI-C2B x (RM3.0013 - RM3.00) x (1/3)
	=	Number of INARI-C2B x RM0.0004

The Closing Price of RM3.0013 was determined based on the arithmetic mean of daily volume weighted average market price of INARI shares for the 5 market days prior to and including the market day immediately before the Expiry Date.

The Cash Settlement Amount shall be made by way of cheque or such other mode as may be approved by Bursa Malaysia Securities Berhad and determined by us, within 7 market days from the Expiry Date. The cheques will be delivered to holders of INARI-C2B by ordinary post.

This announcement is dated 29 December 2023.



Announcement Info

Company Name INARI-C2B: CW INARI AMERTRON BERHAD (CIMB)
Stock Name INARI-C2B
Date Announced 29 Dec 2023
Category Structured Warrants - Final Settlement
Reference Number SWF-27122023-00011
Corporate Action ID MY231227EXWA0011