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NOTICE TO WARRANTHOLDERS
RELATING TO THE EXPIRY OF THE FOLLOWING:
EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES
PT MERDEKA COPPER GOLD TBK
(“MDKA”) (“MDKADRCX3A”)
Underlying Shares MDKA
SW Code MDKADRCX3A
Issuer:
PT RHB SEKURITAS INDONESIA
Exchange Member Approval Letter Number of PT Bursa Efek Indonesia: SPAB-171/JATS/BEJ.I.1/V/1995
Broker-Dealer Business License Number: KEP-18/PM/1992
Underwriter Business License Number: KEP-08/PM/PEE/1997
IMPORTANT RELEVANT DATES
Last date and time of trading of SW : Monday, 6 November 2023 at 16.00 wib
Date and time of suspension of SW : With effect from 09.00 wib
on Tuesday, 7 November 2023 up to the Expiry Date.
Date and time the SW expire (“Expiry Date”) : Thursday, 9 November 2023 at 09.00 wib
Date and time of delisting of SW : Friday, 10 November 2023 at 09.00 wib
This notice is issued in Jakarta 24th October 2023
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All references to “the Company” or “the Issuer” or “RHB” in this Notice are to
PT RHB Sekuritas Indonesia. References to “we”, “us”, “our” and “ourselves” are to PT RHB Sekuritas Indonesia.
Except where the context otherwise requires or where otherwise defined herein, the following definitions shall apply
throughout this Notice pursuant thereof:
MDKA : PT Merdeka Copper Gold Tbk (MDKA)
MDKADRCX3A atau WT : European-Style cash settled call warrants over ordinary shares of
MDKA, with an exercise ratio of 3 call warrant:
1 MDKA Share.
Exchange : Indonesia Stock Exchange.
Settlement Price : The average closing price of MDKA Shares (subject to any adjustment
as may be necessary to reflect any capitalisation, rights issue,
distribution or others) for the five (5) Market Days prior to and including
the Market Day immediately preceding the Expiry Date.
Market Day : A day (other than Saturday, Sunday or public holiday) on which the
Exchange is open for trading during the normal trading hours.
IDR : Indonesian Rupiah.
Conditions : The terms and conditions applicable thereto as set out in the
Prospectus and the Term Sheet as may be amended from time to time.
KPEI : PT Kliring Penjaminan Efek Indonesia, Party who conducts Clearing
and Guaranteeing service of BEI transactions.
KSEI : PT Kustodian Sentral Efek Indonesia. Party who conducts central
custodian activities for Custodian Banks, Securities Company and
other parties.
Settlement Currency : IDR
Holder(s) : The person(s) whose name(s) for the time being recorded by the KSEI
as SW holder.
Prospectus : Prospectus dated 1 September relating to the offering of the Structured
Warrants to be issued by the issuer, as amended from time to time.
RHBSI : PT RHB Sekuritas Indonesia.
MDKA Share : Ordinary shares in MDKA.
Expiry Date : The day the SW expire, which is 9 November 2023.
Term Sheet : Term Sheet MDKADRCX3A dated 9 May 2023.
SW : MDKADRCX3A
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Words importing the singular shall, where applicable, include the plural and vice versa and words denoting the
masculine gender shall, where applicable, include the feminine and neuter genders and vice versa. Reference to
persons shall include corporations, unless otherwise specified.
Any reference in this Notice to any enactment is a reference to that enactment as for the time being amended or
re-enacted.
This Notice should be read in conjunction with and by reference to the Prospectus.
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DAFTAR ISI
SUSPENSION OF TRADING, LAST DAY FOR TRADING, TRANSFER AND DELISTING .................................... 1
EXERCISE PRICE AND EXERCISE RATIO ............................................................................................................ 4
MODE OF SETTLEMENT ......................................................................................................................................... 4
AUTOMATIC EXERCISE .......................................................................................................................................... 4
CONTACT DETAILS FOR ENQUIRIES .................................................................................................................... 4
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NOTICE TO HOLDERS RELATING TO THE EXPIRY OF THE SW
NOTICE IS HEREBY GIVEN THAT, pursuant to the Conditions stipulated in the Prospectus and Term Sheet
governing the terms and conditions of the SW dated 9 May 2023, the SW will expire on the Expiry Date.
You should note that the SW are cash-settled call warrants which entitle you to the Cash Settlement Amount (as
defined in Section 3 below) if the Cash Settlement Amount is positive, in accordance with the terms and conditions
of the SW.
SW WILL BE AUTOMATICALLY EXERCISED ON THE EXPIRY DATE AS SET OUT IN SECTION 4 BELOW.
ACCORDINGLY, THE SW WILL BE REMOVED FROM THE OFFICIAL LIST OF BURSA SECURITIES WITH
EFFECT FROM THE DATE AND TIME AS SET OUT IN SECTION 1 BELOW.
Holders are therefore advised to carefully read the procedures as set out below:
1. SUSPENSION OF TRADING, LAST DAY FOR TRADING, TRANSFER AND DELISTING
Last date and time of trading of SW : Monday, 6 November 2023 at 16.00 wib.
Date and time of suspension of SW : With effect from 09.00 wib
on Tuesday, 7 November 2023 up to the Expiry Date.
Date and time the SW expire (“Expiry Date”) : Thursday, 9 November 2023 at 09.00 wib.
Date and time of delisting of SW : Friday, 10 November 2023 at 09.00 wib.
.
2. EXERCISE PRICE AND EXERCISE RATIO
MDKADRCX3A
Exercise Price IDR 4.100 /unit
Exercise Ratio 3 Call Warrant : 1 MDKA Share
3. MODE OF SETTLEMENT
Cash settlement only.
The Issuer shall in the absence of a settlement disruption event, within three (3) Market Days from the Expiry
Date or such other period as may be prescribed by the relevant authority, pay to the relevant Holder, the Cash
Settlement Amount which shall be calculated as set out below:
Cash Settlement Amount =
(Settlement Price – Exercise Price)
Number of SW x
Exercise Ratio
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In the event that the Cash Settlement Amount is equal to or less than zero on the Expiry Date, the SW shall
terminate on the Expiry Date and cease to be valid and the Issuer’s obligations in respect of the SW shall
terminate absolutely. The Holder shall not be required to pay or top-up in the event that the Cash Settlement
Amount is less than zero.
4. AUTOMATIC EXERCISE
On Expiry Date, the SW shall be treated in the following manner:
a. if the Cash Settlement Amount is positive, all SW shall be automatically exercised (without any exercise
notice being delivered by the Holders and without notice of automatic exercise being given by the Issuer
to the Holders); or
b. if the Cash Settlement Amount is zero (0) or negative, all SW will expire immediately at 09.00 wib on the
Expiry Date and thereafter lapse and cease to be valid for any purpose, and all obligations of the Issuer
in respect of the SW shall terminate absolutely.
In the event that there is no settlement disturbance event, on the 3rd (third) Market Day from the Execution
Date or other period as determined by the Stock Exchange or other relevant authorities, KSEI will distribute
the funds received from KPEI to the participants' accounts as holders Structured Warrants in accordance with
the provisions in KSEI.
5. CONTACT DETAILS FOR ENQUIRIES
All enquiries concerning this Notice or the SW should be addressed to RHB as follows:
PT RHB Sekuritas Indonesia
SCBD, Revenue Tower Lantai 11 - District 8,
Jl. Jend. Sudirman No.Kav.52 - 53,
RT.5/RW.3, Senayan, Kec. Kby. Baru,
Kota Jakarta Selatan,
Daerah Khusus Ibukota Jakarta 12190
Telepon: (62 - 21) 50939888
Faks: (62-21) 50939777
Situs web: www.warrantindonesia.co.id
Email: rhb.id.warrant@rhbgroup.com
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