Structured Warrants - Final Settlement
| UNISEM-C39: CW UNISEM (M) BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF UNISEM (M) BERHAD ("UNISEM") ("UNISEM-C39") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 05 May 2025 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that UNISEM-C39 had expired at 9.00 a.m. on 5 May 2025 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of UNISEM-C39 exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of UNISEM-C39 exercised x (1/5) x (RM1.9684 - RM4.8800)
= Number of UNISEM-C39 exercised x RM0.0000
The Closing Price of RM1.9684 is the average daily volume weighted average price (VWAP) of the ordinary shares of UNISEM on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The UNISEM-C39 is deemed to have been automatically exercised on the Expiry Date.
As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised UNISEM-C39 will cease to be valid and all our obligations in respect to UNISEM-C39 shall terminate absolutely.
This announcement is dated 5 May 2025. |
Announcement Info
| Company Name | UNISEM-C39: CW UNISEM (M) BERHAD (KIBB) |
| Stock Name | UNISEM-C39 |
| Date Announced | 05 May 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-05052025-00010 |
| Corporate Action ID | MY250505EXWA0010 |