STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT

POS-C8: CW POS MALAYSIA BHD (MACQ)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
FINAL SETTLEMENT
Description
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF POS MALAYSIA BERHAD ("POS") ("POS-C8")

We are pleased to announce that the POS-C8 have expired at 5.00 p.m. on 31 October 2017 (“Expiry Date”). The Cash Settlement Amount shall be an amount in the Settlement Currency (if greater than zero), calculated as follows:


Cash Settlement Amount
= Number of Structured Warrants X (Settlement Price – Exercise Price) X (1/Exercise Ratio)
= Number of Structured Warrants X (RM 5.3600 – RM 5.1000) X (1/4.0000)
= Number of Structured Warrants X RM 0.0650


The Settlement Price has been determined at RM 5.3600, being the average closing price of the POS Shares on Bursa Malaysia Securities Berhad for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.


The Cash Settlement Amount, less all exercise expenses (currently borne by the Issuer and no charge shall be incurred by the Holder) shall be made by way of cheque within 7 Market Days from the Expiry Date. The cheques will be delivered to Holders by ordinary post.


Terms not defined in this announcement shall have the meanings given to them in the Term Sheet for the warrants and the Base Prospectus.


This announcement is dated 31 October 2017.






Announcement Info

Company Name POS-C8: CW POS MALAYSIA BHD (MACQ)
Stock Name POS-C8
Date Announced 31 Oct 2017
Category General Announcement for PLC
Reference Number GA1-31102017-00085