Structured Warrants - Final Settlement
25/05/2021Structured Warrants - Final Settlement
| AHEALTH-CB: CW APEX HEALTHCARE BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF APEX HEALTHCARE BERHAD ("AHEALTH") ("AHEALTH SHARE") ("AHEALTH-CB") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 25 May 2021 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that AHEALTH-CB expired at 5.00 p.m. on 25 May 2021 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of AHEALTH-CB x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of AHEALTH-CB x (RM2.8964 - RM4.50) x (1/12)
= Number of AHEALTH-CB x RM0.0000
The Closing Price of RM2.8964 is the average volume-weighted average price (VWAP) of the AHEALTH 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 AHEALTH-CB shall become void and cease to have exercise rights and our obligation in respect of AHEALTH-CB shall terminate absolutely.
This announcement is dated 25 May 2021. |
Announcement Info
| Company Name | AHEALTH-CB: CW APEX HEALTHCARE BERHAD (AM) |
| Stock Name | AHEALTH-CB |
| Date Announced | 25 May 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-25052021-00011 |
| Corporate Action ID | MY210525EXWA0011 |