Structured Warrants - Final Settlement
| MYEG-C3G: CW MY E.G. SERVICES BERHAD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MY E.G. SERVICES BERHAD ("MYEG") ("MYEG-C3G") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 25 Apr 2023 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that MYEG-C3G have expired at 9.00 a.m. on 25 April 2023 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per MYEG-C3G) (if the said amount is greater than zero).
The Settlement Price has been determined at RM0.8300 being the arithmetic mean of the closing price of MYEG 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 MYEG-C3G exercised - 0.30%
= {(RM0.8300 - RM0.9500) / 2 } x Number of MYEG-C3G exercised - 0.30%
= RM0.0000 x Number of MYEG-C3G 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 25 April 2023. |
Announcement Info
| Company Name | MYEG-C3G: CW MY E.G. SERVICES BERHAD (RHB) |
| Stock Name | MYEG-C3G |
| Date Announced | 25 Apr 2023 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-25042023-00008 |
| Corporate Action ID | MY230425EXWA0008 |