Structured Warrants - Final Settlement
TM-C84: CW TELEKOM MALAYSIA BERHAD (CIMB) |
Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TELEKOM MALAYSIA BERHAD ("TM") ("TM-C84") |
Instrument Type | CALL WARRANTS |
Exercise Style | European |
Settlement Type | Cash |
Date & Time of Expiry | 31 Dec 2021 05:00 PM |
Securities Debiting Date | |
Settlement Indicator | Out of the Money/At the Money |
We wish to announce that TM-C84 expired at 5.00 p.m. on 31 Dec 2021 ("Expiry Date"). The Closing Price of RM5.3946 was determined based on the arithmetic mean of daily volume weighted average market price of TM shares for the 5 market days prior to and including the market day immediately before the Expiry Date. As the Closing Price is lower than TM-C84's Exercise Price of RM6.30, holders of TM-C84 will not be entitled to receive any payment from us. All outstanding and unexercised TM-C84 will cease to be valid and all of our obligations in respect of the TM-C84 shall terminate absolutely. This announcement is dated 31 Dec 2021. |
Announcement Info
Company Name | TM-C84: CW TELEKOM MALAYSIA BERHAD (CIMB) |
Stock Name | TM-C84 |
Date Announced | 31 Dec 2021 |
Category | Structured Warrants - Final Settlement |
Reference Number | SWF-31122021-00007 |
Corporate Action ID | MY211231EXWA0007 |