Structured Warrants - Final Settlement
| RHBBANKC36: CW RHB BANK BERHAD (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF RHB BANK BERHAD ("RHBBANK") ("RHBBANKC36") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 29 Jul 2022 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.0445 |
| Payment Date | 09 Aug 2022 |
We wish to announce that RHBBANKC36 expired at 5.00 p.m. on 29 Jul 2022 ("Expiry Date"). The Cash Settlement Amount is as follows:
Cash Settlement Amount = Number of RHBBANKC36 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of RHBBANKC36 x (RM5.8225 - RM5.60) x (1/5)
= Number of RHBBANKC36 x RM0.0445
The Closing Price of RM5.8225 was determined based on the arithmetic mean of daily volume weighted average market price of RHBBANK 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 holders of RHBBANKC36 by ordinary post.
This announcement is dated 29 July 2022. |
Announcement Info
| Company Name | RHBBANKC36: CW RHB BANK BERHAD (CIMB) |
| Stock Name | RHBBANKC36 |
| Date Announced | 29 Jul 2022 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-29072022-00050 |
| Corporate Action ID | MY220729EXWA0050 |