Structured Warrants - Final Settlement

Company Name PCHEM-C65: CW PETRONAS CHEMICALS GROUP BERHAD (MACQ)
Stock Name PCHEM-C65
Date Announced 10 Dec 2021
Category Structured Warrants - Final Settlement
Reference Number SWF-10122021-00014
Corporate Action ID MY211210EXWA0014

Description
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN. BHD. ("MACQ")

EXPIRY OF EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PETRONAS CHEMICALS GROUP BERHAD ("PCHEM") ("PCHEM-C65")
Instrument Type CALL WARRANTS
Exercise Style European
Settlement Type Cash
Date & Time of Expiry 10 Dec 2021 05:00 PM
Securities Debiting Date
Settlement Indicator In the money
Cash Entitlement
Cash Settlement Amount (Per Unit) Malaysian Ringgit (MYR) 0.0066
Payment Date 15 Dec 2021

We are pleased to announce that the PCHEM-C65 have expired at 5.00 p.m. on 10 December 2021 (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 Price - Exercise Price) X (1/Exercise Ratio)
= Number of Structured Warrants X (RM 8.4460 - RM 8.3800) X (1/10.0000)
= Number of Structured Warrants X RM 0.0066

The Settlement Price has been determined at RM 8.4460, being the average closing price of the PCHEM Shares on Bursa Malaysia Securities Berhad for the five (5) Market Days prior to and including the Market Day immediately before the Expiry Date.

The Cash Settlement Amount, less all exercise expenses (currently borne by the Issuer and no charge shall be incurred by the Holder) shall be made by way of cheque within 7 Market Days from the Expiry Date. The cheques will be delivered to Holders by ordinary post.

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 10 December 2021.



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