MYEG-C6I

0.020

(%)

Structured Warrants - Final Settlement

MYEG-C6I: CW MY E.G. SERVICES BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MY E.G. SERVICES BERHAD ("MYEG") ("MYEG-C6I")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 27 Aug 2024 09:00 AM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.0055
Payment Date 05 Sep 2024

We are pleased to announce that MYEG-C6I expired at 9.00 a.m. on 27 August 2024 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per MYEG-C6I) (if the said amount is greater than zero).

The Settlement Price has been determined at RM0.9110 being the arithmetic mean of the closing price of MYEG Shares on Bursa Malaysia Securities Berhad for the five (5) scheduled market days prior to and including the market day before the Expiry Date. 

Cash Settlement Amount

= {(Settlement Price - Exercise Price) / Exercise Ratio } x Number of MYEG-C6I exercised - 0.30%

= {(RM0.9110 - RM0.9000) / 2 } x Number of MYEG-C6I exercised - 0.30%

= RM0.0055 x Number of MYEG-C6I exercised - 0.30%

Payment of the Cash Settlement Amount shall be made via the eDividend or Cash Redemption Payment Service by Bursa Malaysia Depository into the bank account of the Holders as provided in the Record of Depositors within seven (7) Market Days following the Expiry Date. Bank cheques shall be issued in favour of the Holders whose bank account information is not available in the Record of Depositors.


This announcement is dated 27 August 2024.



Announcement Info

Company Name MYEG-C6I: CW MY E.G. SERVICES BERHAD (RHB)
Stock Name MYEG-C6I
Date Announced 27 Aug 2024
Category Structured Warrants - Final Settlement
Reference Number SWF-27082024-00011
Corporate Action ID MY240827EXWA0011