Structured Warrants - Final Settlement
| UEMS-C1Q: CW UEM SUNRISE BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF UEM SUNRISE BERHAD ("UEMS") ("UEMS-C1Q") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 23 Feb 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that UEMS-C1Q had expired at 9.00 a.m. on 23 February 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of UEMS-C1Q exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of UEMS-C1Q exercised x (1/1.5) x (RM0.6261 - RM0.8800)
= Number of UEMS-C1Q exercised x RM0.0000
The Closing Price of RM0.6261 is the average daily volume weighted average price (VWAP) of the ordinary shares of UEMS on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The UEMS-C1Q is deemed to have been automatically exercised on the Expiry Date.
As the Cash Settlement Amount is less than Zero, warrantholders will not be entitled to receive any payment from us and all outstanding and unexercised UEMS-C1Q will cease to be valid and all our obligations in respect to UEMS-C1Q shall terminate absolutely.
This announcement is dated 23 February 2026. |
Announcement Info
| Company Name | UEMS-C1Q: CW UEM SUNRISE BERHAD (KIBB) |
| Stock Name | UEMS-C1Q |
| Date Announced | 23 Feb 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-23022026-00011 |
| Corporate Action ID | MY260223EXWA0011 |