General Announcement for PLC
14/05/2020STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| AXIATA-C54: CW AXIATA GROUP BERHAD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF AXIATA GROUP BERHAD ("AXIATA") ("AXIATA SHARES") WITH AN EXERCISE RATIO OF 7 CALL WARRANTS : 1 AXIATA SHARE ("AXIATA-C54") |
|
With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 50,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of AXIATA, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. AXIATA-C54 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The AXIATA-C54 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019, the First Supplementary Base Prospectus dated 26 February 2020 and the Term Sheet for the AXIATA-C54 dated 14 May 2020. A summary of the principal terms of the AXIATA-C54 is set out in Table 1.
|
|
Please refer attachment below.
Attachments
Table 1 - Summary of the Principal Terms of AXIATA-C54.pdf
|
Announcement Info
| Company Name | AXIATA-C54: CW AXIATA GROUP BERHAD (AM) |
| Stock Name | AXIATA-C54 |
| Date Announced | 14 May 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-13052020-00052 |