Structured Warrants - Final Settlement
| AFFIN-C26: CW AFFIN BANK BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF AFFIN BANK BERHAD ("AFFIN") ("AFFIN-C26") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 24 Aug 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that AFFIN-C26 had expired at 9.00 a.m. on 24 August 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of AFFIN-C26 exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of AFFIN-C26 exercised x (1/3) x (RM2.1192 - RM2.6800)
= Number of AFFIN-C26 exercised x RM0.0000
The Closing Price of RM2.1192 is the average daily volume weighted average price (VWAP) of the ordinary shares of AFFIN on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The AFFIN-C26 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 AFFIN-C26 will cease to be valid and all our obligations in respect to AFFIN-C26 shall terminate absolutely.
This announcement is dated 24 August 2026. |
Announcement Info
| Company Name | AFFIN-C26: CW AFFIN BANK BERHAD (KIBB) |
| Stock Name | AFFIN-C26 |
| Date Announced | 24 Aug 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-24082026-00019 |
| Corporate Action ID | MY260824EXWA0019 |