General Announcement for PLC

07/08/2019

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

PMETAL-C30: CW PRESS METAL ALUMINIUM HOLDINGS BERHAD (MIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") 

PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF PRESS METAL ALUMINIUM HOLDINGS BERHAD ("PMETAL") ("PMETAL SHARE(S)") ("PMETAL-C30")

We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the PMETAL shares.

PMETAL-C30 is constituted by the Deed Poll dated 25 October 2018 executed by us for the Structured Warrants, as supplemented from time to time. PMETAL-C30 is subject to the terms and conditions of the Base Prospectus dated 31 October 2018, the First Supplementary Base Prospectus dated 17 December 2018, the Second Supplementary Base Prospectus dated 19 June 2019 and the Term Sheet dated 7 August 2019.

PMETAL-C30 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of PMETAL-C30 is set out in the attachment.




Please refer attachment below.

Attachments

Term Sheet - PMETAL-C30.pdf
337.5 kB



Announcement Info

Company Name PMETAL-C30: CW PRESS METAL ALUMINIUM HOLDINGS BERHAD (MIBB)
Stock Name PMETAL-C30
Date Announced 07 Aug 2019
Category General Announcement for PLC
Reference Number GA1-06082019-00055


Related Announcements for PMETAL-C30
No related announcements.