TENCENT-C34

0.005

(%)

Structured Warrants - Final Settlement

TENCENT-C34: CW TENCENT HOLDINGS LIMITED (MACQ)

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

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TENCENT HOLDINGS LIMITED ("TENCENT") ("TENCENT-C34")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 03 Jan 2024 05:00 PM
Securities Debiting Date
Settlement Indicator Out of the Money/At the Money

We are pleased to announce that the TENCENT-C34 have expired at 5.00 p.m. on 03 January 2024 ("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) X Settlement Exchange Rate
= Number of Structured Warrants X (HKD 288.4400 - HKD 370.0000) X (1/120.0000) X RM/HKD 0.5935
= Number of Structured Warrants X RM 0.0000

The Settlement Price has been determined at HKD 288.4400, being the average closing price of the TENCENT Shares on The Stock Exchange of Hong Kong Limited for the five (5) HK Market Days prior to and including the HK 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 03 January 2024.



Announcement Info

Company Name TENCENT-C34: CW TENCENT HOLDINGS LIMITED (MACQ)
Stock Name TENCENT-C34
Date Announced 03 Jan 2024
Category Structured Warrants - Final Settlement
Reference Number SWF-03012024-00008
Corporate Action ID MY240103EXWA0008