Structured Warrants - Final Settlement
| A50CHIN-H55: PW ISHARES FTSE CHINA A50 ETF (MACQ) |
| Description | MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER UNITS OF ISHARES FTSE CHINA A50 ETF ("A50CHIN") ("A50CHIN-H55") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Jun 2021 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that the A50CHIN-H55 have expired at 5.00 p.m. on 30 June 2021 ("Expiry Date"). The Cash Settlement Amount shall be an amount in the Settlement Currency (if greater than zero), calculated as follows:
Cash Settlement Amount
= Number of Structured Warrants X (Exercise Price - Settlement Price) X (1/Exercise Ratio) X Settlement Exchange Rate
= Number of Structured Warrants X (HKD 19.0000 - HKD 20.1000) X (1/1.5000) X RM/HKD 0.5349
= Number of Structured Warrants X RM 0.0000
The Settlement Price has been determined at HKD 20.1000, being the closing price of the A50CHIN Units on The Stock Exchange of Hong Kong Limited on the Market Day immediately before the Expiry Date.
As the Settlement Price is greater than the Exercise Price, the Cash Settlement Amount is negative. Warrantholders will not be entitled to receive any payment of the Cash Settlement Amount.
Terms not defined in this announcement shall have the meanings given to them in the Term Sheet for the warrants and the Base Prospectus.
This announcement is dated 30 June 2021. |
Announcement Info
| Company Name | A50CHIN-H55: PW ISHARES FTSE CHINA A50 ETF (MACQ) |
| Stock Name | A50CHIN-H55 |
| Date Announced | 30 Jun 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30062021-00014 |
| Corporate Action ID | MY210630EXWA0014 |