PERTAMA-CD

0.105

(%)

Structured Warrants - Final Settlement

PERTAMA-CD: CW PERTAMA DIGITAL BERHAD (KIBB)

Description
KENANGA INVESTMENT BANK BERHAD ("KIBB")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PERTAMA DIGITAL BERHAD ("PERTAMA") ("PERTAMA-CD")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 29 Jan 2024 09:00 AM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.1123
Payment Date 08 Feb 2024

We wish to announce that PERTAMA-CD had expired at 9.00 a.m. on 29 January 2024 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:

Cash Settlement Amount
= Number of PERTAMA-CD exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price) 
= Number of PERTAMA-CD exercised x (1/5) x (RM2.6414 - RM2.0800) 
= Number of PERTAMA-CD exercised x RM0.1123 

The Closing Price of RM2.6414 is the average daily volume weighted average price (VWAP) of the ordinary shares of PERTAMA on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The PERTAMA-CD is deemed to have been automatically exercised on the Expiry Date.

The Cash Settlement Amount will be delivered to the warrantholders by ordinary post within seven (7) market days from the Expiry Date.

This announcement is dated 29 January 2024.



Announcement Info

Company Name PERTAMA-CD: CW PERTAMA DIGITAL BERHAD (KIBB)
Stock Name PERTAMA-CD
Date Announced 29 Jan 2024
Category Structured Warrants - Final Settlement
Reference Number SWF-29012024-00012
Corporate Action ID MY240129EXWA0012