Structured Warrants - Final Settlement
30/04/2021Structured Warrants - Final Settlement
| AIRPORT-C29: CW MALAYSIA AIRPORTS HOLDINGS BERHAD (CIMB) |
| Description | CIMB BANK BERHAD ("CIMB BANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MALAYSIA AIRPORTS HOLDINGS BERHAD ("AIRPORT") ("AIRPORT-C29") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Apr 2021 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.3030 |
| Payment Date | 11 May 2021 |
We wish to announce that the AIRPORT-C29 expired at 5.00 p.m. on 30 Apr 2021 (Expiry Date) and the Cash Settlement Amount shall be calculated as below. Cash Settlement Amount = Number of AIRPORT-C29 x (Closing Price - Exercise Price) x (1/Exercise Ratio) = Number of AIRPORT-C29 x (RM6.0153 - RM4.50) x (1/5) = Number of AIRPORT-C29 x RM0.3030 The Closing Price of RM6.0153 is the arithmetic mean of daily volume weighted average market price of AIRPORT shares for the 5 market days prior to and including the market day immediately before the Expiry Date. The Cash Settlement Amount shall be made by way of cheque or such other mode as may be approved by Bursa Malaysia Securities Berhad and determined by us, within 7 market days from the Expiry Date. The cheques will be delivered to warrantholders by ordinary post. This announcement is dated 30 Apr 2021. |
Announcement Info
| Company Name | AIRPORT-C29: CW MALAYSIA AIRPORTS HOLDINGS BERHAD (CIMB) |
| Stock Name | AIRPORT-C29 |
| Date Announced | 30 Apr 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30042021-00023 |
| Corporate Action ID | MY210430EXWA0023 |