General Announcement for PLC

23/04/2020

STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

AXIATA-C52: CW AXIATA GROUP BERHAD (MACQ)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 11 SEPTEMBER 2020 OVER ORDINARY SHARES ("SHARES") OF AXIATA GROUP BERHAD ("AXIATA") ("AXIATA-C52") PURSUANT TO A SPECIAL DIVIDEND OF 0.5 SEN PER SHARE ("SPECIAL DIVIDEND").

We refer to the announcement by AXIATA dated 10 April 2020 and our announcement dated 14 April 2020 pertaining to the Special Dividend.

 

In accordance with Condition 6 of the Deed Poll dated 16 October 2019 the terms and conditions of the Structured Warrants shall not be adjusted as the adjustment amount is less than 2% of the Exercise Price or Exercise Ratio being changed.

 

This announcement is dated 23 April 2020.






Announcement Info

Company Name AXIATA-C52: CW AXIATA GROUP BERHAD (MACQ)
Stock Name AXIATA-C52
Date Announced 23 Apr 2020
Category General Announcement for PLC
Reference Number GA1-23042020-00090