Structured Warrants - Final Settlement

28/07/2021

Structured Warrants - Final Settlement

SUPERMX-C1N: CW SUPERMAX CORPORATION BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SUPERMAX CORPORATION BERHAD ("SUPERMX") ("SUPERMX-C1N")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 28 Jul 2021 09:00 AM
Securities Debiting Date
Settlement Indicator Out of the Money/At the Money

We are pleased to announce that SUPERMX-C1N have expired at 9.00 a.m. on 28 July 2021 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per SUPERMX-C1N) (if the said amount is greater than zero).

The Settlement Price has been determined at RM 3.5580 being the arithmetic mean of the closing price of SUPERMX 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 SUPERMX-C1N exercised - 0.30%
= {(RM 3.5580 - RM 11.2282) / 28.5463 } x Number of SUPERMX-C1N exercised - 0.30%
= RM 0.0000 x Number of SUPERMX-C1N exercised - 0.30%

As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Warrant holders will not be entitled to receive any payment of the Cash Settlement Amount.


This announcement is dated 28 July 2021.



Announcement Info

Company Name SUPERMX-C1N: CW SUPERMAX CORPORATION BERHAD (RHB)
Stock Name SUPERMX-C1N
Date Announced 28 Jul 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-28072021-00011
Corporate Action ID MY210728EXWA0011


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