UEMS-C85

0.490

(%)

Structured Warrants - Final Settlement

UEMS-C85: CW UEM SUNRISE BERHAD (MACQ)

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

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF UEM SUNRISE BERHAD ("UEMS") ("UEMS-C85")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 28 Feb 2024 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.4600
Payment Date 04 Mar 2024

We are pleased to announce that the UEMS-C85 have expired at 5.00 p.m. on 28 February 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)
= Number of Structured Warrants X (RM 1.0400 - RM 0.5800) X (1/1.0000)
= Number of Structured Warrants X RM 0.4600

The Settlement Price has been determined at RM 1.0400, being the average closing price of the UEMS Shares on Bursa Malaysia Securities Berhad 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.

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 February 2024.



Announcement Info

Company Name UEMS-C85: CW UEM SUNRISE BERHAD (MACQ)
Stock Name UEMS-C85
Date Announced 28 Feb 2024
Category Structured Warrants - Final Settlement
Reference Number SWF-28022024-00004
Corporate Action ID MY240228EXWA0004