General Announcement for PLC
19/11/2019STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
EKOVEST-C5: CW EKOVEST BERHAD (AM) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | PROPOSED ISSUE OF UP TO 40,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF EKOVEST BERHAD ("EKOVEST") ("EKOVEST SHARES") WITH AN EXERCISE RATIO OF 2.5 CALL WARRANTS : 1 EKOVEST SHARE ("EKOVEST-C5") |
With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 40,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of EKOVEST, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. EKOVEST-C5 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The EKOVEST-C5 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019 and the Term Sheet for the EKOVEST-C5 dated 19 November 2019. A summary of the principal terms of the EKOVEST-C5 is set out in Table 1.
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Please refer attachment below.
Attachments
Table 1 - Summary of the Principal Terms of EKOVEST-C5.pdf
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Announcement Info
Company Name | EKOVEST-C5: CW EKOVEST BERHAD (AM) |
Stock Name | EKOVEST-C5 |
Date Announced | 19 Nov 2019 |
Category | General Announcement for PLC |
Reference Number | GA1-15112019-00038 |