Structured Warrants - Final Settlement
| PENTA-CK: CW PENTAMASTER CORPORATION BERHAD (CIMB) |
| Description | CIMB BANK BERHAD ("CIMB BANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PENTAMASTER CORPORATION BERHAD ("PENTA") ("PENTA-CK") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 28 Aug 2020 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.3248 |
| Payment Date | 09 Sep 2020 |
We wish to announce that the PENTA-CK expired at 5.00 p.m. on 28 August 2020 (Expiry Date) and the Cash Settlement Amount shall be calculated as below. Cash Settlement Amount = Number of PENTA-CK x (Closing Price - Exercise Price) x (1/Exercise Ratio) = Number of PENTA-CK x (RM4.6326 - RM3.3333) x (1/4) = Number of PENTA-CK x RM0.3248 The Closing Price of RM4.6326 is the arithmetic mean of daily volume weighted average market price of PENTA 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 28 August 2020. |
Announcement Info
| Company Name | PENTA-CK: CW PENTAMASTER CORPORATION BERHAD (CIMB) |
| Stock Name | PENTA-CK |
| Date Announced | 28 Aug 2020 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-28082020-00007 |
| Corporate Action ID | MY200828EXWA0007 |