Structured Warrants - Final Settlement
| HSI-CIN: CW HANG SENG INDEX (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE HANG SENG INDEX ("HSI") ("HSI-CIN") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 30 Dec 2021 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that the HSI-CIN expired at 5.00 p.m. on 30 December 2021 ("Expiry Date").
The Closing Level of 23,118.00 was determined based on the final settlement level for settling the corresponding spot-month index future contracts immediately on the Expiry Date.
As the Closing Level is lower than HSI-CIN's Exercise Level of 30,400.00, holders of HSI-CIN will not be entitled to receive any payment from us. All outstanding and unexercised HSI-CIN will cease to be valid and all our obligations in respect of the HSI-CIN shall terminate absolutely.
This announcement is dated 30 December 2021. |
Announcement Info
| Company Name | HSI-CIN: CW HANG SENG INDEX (CIMB) |
| Stock Name | HSI-CIN |
| Date Announced | 30 Dec 2021 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-30122021-00005 |
| Corporate Action ID | MY211230EXWA0005 |