Structured Warrants - Final Settlement
| ITMAX-C4: CW ITMAX SYSTEM BERHAD (RHB) |
| Description | RHB INVESTMENT BANK BERHAD ("RHBIB")
EXPIRY OF NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF ITMAX SYSTEM BERHAD ("ITMAX") ("ITMAX-C4") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 24 Sep 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We are pleased to announce that ITMAX-C4 expired at 9.00 a.m. on 24 September 2026 ("Expiry Date") and the Holders shall be entitled to the Cash Settlement Amount (per ITMAX-C4) (if the said amount is greater than zero).
The Settlement Price has been determined at RM4.3640 being the arithmetic mean of the closing price of ITMAX Shares on Bursa Malaysia Securities Berhad for the five (5) scheduled market days prior to and including the market day before the Expiry Date.
Cash Settlement Amount
= {(Settlement Price - Exercise Price) / Exercise Ratio } x Number of ITMAX-C4 exercised
= {(RM4.3640 - RM5.3800) / 6 } x Number of ITMAX-C4 exercised
= RM0.0000 x Number of ITMAX-C4 exercised
As the Settlement Price is less than the Exercise Price, the Cash Settlement Amount is negative.
Holders will not be entitled to receive any payment of the Cash Settlement Amount.
This announcement is dated 24 September 2026. |
Announcement Info
| Company Name | ITMAX-C4: CW ITMAX SYSTEM BERHAD (RHB) |
| Stock Name | ITMAX-C4 |
| Date Announced | 24 Sep 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-24092026-00008 |
| Corporate Action ID | MY260924EXWA0008 |