Structured Warrants - Final Settlement
| ABMB-C17: CW ALLIANCE BANK MALAYSIA BERHAD (AM) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF ALLIANCE BANK MALAYSIA BERHAD ("ABMB") ("ABMB SHARE") ("ABMB-C17") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 05 Jun 2025 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that ABMB-C17 expired at 5.00 p.m. on 05 June 2025 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of ABMB-C17 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of ABMB-C17 x (RM4.3403 - RM4.7500) x (1/6)
= Number of ABMB-C17 x RM0.0000
The Closing Price of RM 4.3403 is the average volume-weighted average price (VWAP) of the ABMB Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
As the Cash Settlement Amount is equal to or less than zero, we shall not be obliged to make any payment to the relevant holder and ABMB-C17 shall become void and cease to have exercise rights and our obligation in respect of ABMB-C17 shall terminate absolutely.
This announcement is dated 05 June 2025. |
Announcement Info
| Company Name | ABMB-C17: CW ALLIANCE BANK MALAYSIA BERHAD (AM) |
| Stock Name | ABMB-C17 |
| Date Announced | 05 Jun 2025 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-05062025-00002 |
| Corporate Action ID | MY250605EXWA0002 |