MRDIY-C24

0.130

(%)

Structured Warrants - Final Settlement

MRDIY-C24: CW MR D.I.Y. GROUP (M) BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MR D.I.Y. GROUP (M) BERHAD ("MRDIY") ("MRDIY-C24")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 26 Nov 2024 09:00 AM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.0953
Payment Date 05 Dec 2024

We are pleased to announce that MRDIY-C24 expired at 9.00 a.m. on 26 November 2024 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per MRDIY-C24) (if the said amount is greater than zero).

The Settlement Price has been determined at RM1.8660 being the arithmetic mean of the closing price of MRDIY 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 MRDIY-C24 exercised - 0.30%

= {(RM1.8660 - RM1.5800) / 3 } x Number of MRDIY-C24 exercised - 0.30%

= RM0.0953 x Number of MRDIY-C24 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 26 November 2024.



Announcement Info

Company Name MRDIY-C24: CW MR D.I.Y. GROUP (M) BERHAD (RHB)
Stock Name MRDIY-C24
Date Announced 26 Nov 2024
Category Structured Warrants - Final Settlement
Reference Number SWF-26112024-00006
Corporate Action ID MY241126EXWA0006