Structured Warrants - Final Settlement
| HSI-HKQ: PW HANG SENG INDEX (CIMB) |
| Description | EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED PUT WARRANTS OVER THE HANG SENG INDEX ("HSI") ("HSI-HKQ") |
| Instrument Type | PUT WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 27 Apr 2023 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that the HSI-HKQ expired at 5.00 p.m. on 27 April 2023 ("Expiry Date").
The Closing Level of 19,798.00 was determined based on the final settlement price for settling the corresponding spot-month index future contracts on the Expiry Date.
As the Closing Level is higher than HSI-HKQ's Exercise Level of 17,050.00, holders of HSI-HKQ will not be entitled to receive any payment from us. All outstanding and unexercised HSI-HKQ will cease to be valid and all our obligations in respect of the HSI-HKQ shall terminate absolutely.
This announcement is dated 27 April 2023. |
Announcement Info
| Company Name | HSI-HKQ: PW HANG SENG INDEX (CIMB) |
| Stock Name | HSI-HKQ |
| Date Announced | 27 Apr 2023 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-27042023-00013 |
| Corporate Action ID | MY230427EXWA0013 |