Structured Warrants - Final Settlement
| PBBANK-C99: CW PUBLIC BANK BERHAD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PUBLIC BANK BERHAD ("PBBANK") ("PBBANK-C99") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 28 Oct 2024 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that PBBANK-C99 expired at 9.00 a.m. on 28 October 2024 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per PBBANK-C99) (if the said amount is greater than zero).
The Settlement Price has been determined at RM4.5200 being the arithmetic mean of the closing price of PBBANK 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 PBBANK-C99 exercised - 0.30%
= {(RM4.5200 - RM4.5500) / 4 } x Number of PBBANK-C99 exercised - 0.30%
= RM0.0000 x Number of PBBANK-C99 exercised - 0.30%
As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Holders will not be entitled to receive any payment of the Cash Settlement Amount.
This announcement is dated 28 October 2024. |
Announcement Info
| Company Name | PBBANK-C99: CW PUBLIC BANK BERHAD (RHB) |
| Stock Name | PBBANK-C99 |
| Date Announced | 28 Oct 2024 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-28102024-00007 |
| Corporate Action ID | MY241028EXWA0007 |