SCIENTX-CK

0.165

(%)

Structured Warrants - Final Settlement

SCIENTX-CK: CW SCIENTEX BERHAD (RHB)

Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF SCIENTEX BERHAD ("SCIENTX") ("SCIENTX-CK")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 26 Aug 2021 09:00 AM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.1604
Payment Date 07 Sep 2021

We are pleased to announce that SCIENTX-CK has expired at 9.00 a.m. on 26 August 2021 ("Expiry Date") and the warrant holders shall be entitled to the Cash Settlement Amount (per SCIENTX-CK) (if the said amount is greater than zero).

The Settlement Price has been determined at RM 4.4020 being the arithmetic mean of the closing price of SCIENTX 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 SCIENTX-CK exercised - 0.30%
= {(RM 4.4020 - RM 3.6000) / 5.0000 } x Number of SCIENTX-CK exercised - 0.30%
= RM 0.1604 x Number of SCIENTX-CK exercised - 0.30%

Payment of the Cash Settlement Amount shall be made via the eDividend or Cash Redemption Payment Service by Bursa Malaysia Depository into the bank account of the Holders as provided in the Record of Depositors within seven (7) Market Days following the Expiry Date. Bank cheques shall be issued in favour of the Holders whose bank account information is not available in the Record of Depositors.


This announcement is dated 26 August 2021.



Announcement Info

Company Name SCIENTX-CK: CW SCIENTEX BERHAD (RHB)
Stock Name SCIENTX-CK
Date Announced 26 Aug 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-26082021-00004
Corporate Action ID MY210826EXWA0004