STRUCTURED WARRANTS ANNOUNCEMENT : FINAL SETTLEMENT

HSI-C5P: CW HANG SENG INDEX (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 UNITS OF HANG SENG INDEX ("HSI") ("HSI-C5P")

We are pleased to announce that the HSI-C5P have expired at 5.00 p.m. on 27 September 2019 (“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 Level – Exercise Level) X (1/Exercise Ratio) X Multiplier X Settlement Exchange Rate
= Number of Structured Warrants X (25,949.0000 – 29,600.0000) X (1/1200.0000) X HKD1.00 X RM/HKD 0.5341
= Number of Structured Warrants X RM 0.0000

The Settlement Level has been determined at 25,949.0000, being the final settlement price for settling the corresponding spot-month index futures contracts scheduled to expire on the Expiry Date.

As the Settlement Level is less than the Exercise Level, the Cash Settlement Amount is negative. Warrantholders will not be entitled to receive any payment of the Cash Settlement Amount.

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 27 September 2019.






Announcement Info

Company Name HSI-C5P: CW HANG SENG INDEX (MACQ)
Stock Name HSI-C5P
Date Announced 27 Sep 2019
Category General Announcement for PLC
Reference Number GA1-27092019-00064