General Announcement for PLC

21/05/2020

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

SPSETIA-HB: PW S P SETIA 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 PUT WARRANTS OVER THE ORDINARY SHARES OF S P SETIA BERHAD ("SPSETIA") ("SPSETIA SHARE(S)") ("SPSETIA-HB")

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

SPSETIA-HB is constituted by the Deed Poll dated 8 November 2019 executed by us for the Structured Warrants, as supplemented from time to time. SPSETIA-HB is subject to the terms and conditions of the Base Prospectus dated 15 November 2019, the First Supplementary Base Prospectus dated 21 May 2020 and the Term Sheet dated 21 May 2020.

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




Please refer attachment below.

Attachments

Table_SPSETIA-HB.pdf
96.2 kB



Announcement Info

Company Name SPSETIA-HB: PW S P SETIA BERHAD (MIBB)
Stock Name SPSETIA-HB
Date Announced 21 May 2020
Category General Announcement for PLC
Reference Number GA1-20052020-00051


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