Structured Warrants - Final Settlement
| NEXG-C82: CW NEXG BERHAD (AM) |
| Description | AMBANK (M) BERHAD ("AMBANK")
EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF NEXG BERHAD ("NEXG") ("NEXG SHARE") ("NEXG-C82") |
| Instrument Type | CALL WARRANTS |
| Exercise Style | European |
| Settlement Type | Cash |
| Date & Time of Expiry | 22 May 2026 05:00 PM |
| Securities Debiting Date | |
| Settlement Indicator | Out of the Money/At the Money |
We wish to announce that NEXG-C82 expired at 5.00 p.m. on 22 May 2026 ("Expiry Date") and the Cash Settlement Amount shall be calculated as below.
Cash Settlement Amount:
= Number of NEXG-C82 x (Closing Price - Exercise Price) x (1/Exercise Ratio)
= Number of NEXG-C82 x (RM0.2849 - RM0.5000) x (1/2)
= Number of NEXG-C82 x RM0.0000
The Closing Price of RM 0.2849 is the average volume-weighted average price (VWAP) of the NEXG Shares for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.
As the Cash Settlement Amount is equal to or less than zero, we shall not be obliged to make any payment to the relevant holder and NEXG-C82 shall become void and cease to have exercise rights and our obligation in respect of NEXG-C82 shall terminate absolutely.
This announcement is dated 22 May 2026. |
Announcement Info
| Company Name | NEXG-C82: CW NEXG BERHAD (AM) |
| Stock Name | NEXG-C82 |
| Date Announced | 22 May 2026 |
| Category | Structured Warrants - Final Settlement |
| Reference Number | SWF-22052026-00016 |
| Corporate Action ID | MY260522EXWA0016 |