We are pleased to announce that HARTA-C76 have expired at 9.00 a.m. on 24 February 2022 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per HARTA-C76) (if the said amount is greater than zero).

The Settlement Price has been determined at RM 4.9040 being the arithmetic mean of the closing price of HARTA 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 HARTA-C76 exercised - 0.30%

= {(RM 4.9040 - RM 11.0000) / 22 } x  Number of HARTA-C76 exercised - 0.30%

= RM 0.0000 x Number of HARTA-C76 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 24 February 2022.