Structured Warrants - Final Settlement
| 99SMART-C11: CW 99 SPEED MART RETAIL HOLDINGS BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF 99 SPEED MART RETAIL HOLDINGS BERHAD ("99SMART") ("99SMART-C11") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 29 Jun 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | In the money |
| Cash Entitlement | |
| Cash Settlement Amount (Per Unit) | Malaysian Ringgit (MYR) 0.2535 |
| Payment Date | 08 Jul 2026 |
We wish to announce that 99SMART-C11 had expired at 9.00 a.m. on 29 June 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of 99SMART-C11 exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of 99SMART-C11 exercised x (1/2) x (RM3.5869 - RM3.0800)
= Number of 99SMART-C11 exercised x RM0.2535
The Closing Price of RM3.5869 is the average daily volume weighted average price (VWAP) of the ordinary shares of 99SMART on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The 99SMART-C11 is deemed to have been automatically exercised on the Expiry Date.
The Cash Settlement Amount will be delivered to the warrantholders by ordinary post within seven (7) market days from the Expiry Date.
This announcement is dated 29 June 2026. |
Announcement Info
| Company Name | 99SMART-C11: CW 99 SPEED MART RETAIL HOLDINGS BERHAD (KIBB) |
| Stock Name | 99SMART-C11 |
| Date Announced | 29 Jun 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-29062026-00001 |
| Corporate Action ID | MY260629EXWA0001 |