Structured Warrants - Final Settlement
| PIE-CP: CW P.I.E. INDUSTRIAL BERHAD (KIBB) |
| Description | KENANGA INVESTMENT BANK BERHAD ("KIBB")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF P.I.E. INDUSTRIAL BERHAD ("PIE") ("PIE-CP") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 09 Mar 2026 09:00 AM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that PIE-CP had expired at 9.00 a.m. on 9 March 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as set out below:
Cash Settlement Amount
= Number of PIE-CP exercised x (1/Exercise Ratio) x (Closing Price - Exercise Price)
= Number of PIE-CP exercised x (1/5) x (RM1.4016 - RM3.8800)
= Number of PIE-CP exercised x RM0.0000
The Closing Price of RM1.4016 is the average daily volume weighted average price (VWAP) of the ordinary shares of PIE on Bursa Malaysia Securities Berhad for the five (5) market days prior to and including the market day immediately before the Expiry Date. The PIE-CP 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 PIE-CP will cease to be valid and all our obligations in respect to PIE-CP shall terminate absolutely.
This announcement is dated 9 March 2026. |
Announcement Info
| Company Name | PIE-CP: CW P.I.E. INDUSTRIAL BERHAD (KIBB) |
| Stock Name | PIE-CP |
| Date Announced | 09 Mar 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-09032026-00009 |
| Corporate Action ID | MY260309EXWA0009 |