Structured Warrants - Final Settlement
| YTL-C71: CW YTL CORPORATION BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF YTL CORPORATION BERHAD ("YTL") ("YTL SHARE") ("YTL-C71") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 19 Jul 2024 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.4664 |
| Payment Date | 30 Jul 2024 |
We wish to announce that YTL-C71 expired at 5.00 p.m. on 19 July 2024 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of YTL-C71 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of YTL-C71 x (RM3.6657 - RM1.8000) x (1/4)
= Number of YTL-C71 x RM0.4664
The Closing Price of RM 3.6657 is the average volume-weighted average price (VWAP) of the YTL Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
The Cash Settlement Amount shall be despatched as soon as practicable and no later than seven (7) market days following the Expiry Date by way of a crossed cheque drawn in favour of the holder or by electronic transfer. Any payment made shall be delivered by ordinary post.
This announcement is dated 19 July 2024. |
Announcement Info
| Company Name | YTL-C71: CW YTL CORPORATION BERHAD (AM) |
| Stock Name | YTL-C71 |
| Date Announced | 19 Jul 2024 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-19072024-00008 |
| Corporate Action ID | MY240719EXWA0008 |