Structured Warrants - Final Settlement
| DJIA-CE: CW DOW JONES INDUSTRIAL AVERAGE INDEX (MACQ) |
| Description | MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER UNITS OF DOW JONES INDUSTRIAL AVERAGE® INDEX ("DJIA") ("DJIA-CE") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 24 Jun 2024 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that the DJIA-CE have expired at 9:00 a.m. on 24 June 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 Level - Exercise Level) X (1/Exercise Ratio) X Multiplier X Settlement Exchange Rate
= Number of Structured Warrants X (39,261.9500 - 40,500.0000) X (1/25000.0000) X USD1.00 X RM/USD 4.7170
= Number of Structured Warrants X RM 0.0000
The Settlement Level has been determined at 39,261.9500, being the final settlement price for the futures contracts over DJIA scheduled to expire on 21 June 2024.
As the Settlement Level is less than the Exercise Level, 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 24 June 2024. |
Announcement Info
| Company Name | DJIA-CE: CW DOW JONES INDUSTRIAL AVERAGE INDEX (MACQ) |
| Stock Name | DJIA-CE |
| Date Announced | 24 Jun 2024 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-24062024-00006 |
| Corporate Action ID | MY240624EXWA0006 |