Listing Information and Profile

06/06/2017

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-16112015-00001

BORNEO OIL BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Additional Warrants 2015/ 2025 ("Warrant C") issued pursuant to the bonus issue of shares exercise
Listing Date 17 Nov 2015
Issue Date 09 Nov 2015
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 1,734,679,850
Maturity Mandatory
Maturity Date 08 Nov 2025
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 10.00   Year(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1100
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0700
Exercise/Conversion Ratio 1 : 1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Reference is made to the announcement dated 12 May 2017 in relation to the adjustments to the exercise price and number of the outstanding Warrants C pursuant to the bonus issue of shares exercise undertaken by the Company in accordance with the provisions of the deed poll dated 28 September 2015 read together with the supplemental deed poll dated 30 May 2017, constituting the Warrants C ("Adjustments").

Pursuant to the bonus issue of shares exercise undertaken by the Company, the new exercise price is adjusted to RM0.07 per Warrant C and an additional 578,226,611 Warrants C will be listed and quoted on 7 June 2017.

The Adjustments took effect from 9.00 a.m. on 29 May 2017, being the next market day following the entitlement date for the bonus issue of shares exercise on 26 May 2017.

The notice to Warrant C holders dated 6 June 2017 containing details of the Adjustments has been despatched to the holders of the Warrants C.


Announcement Info

Company Name BORNEO OIL BERHAD
Stock Name BORNOIL-WC
Date Announced 06 Jun 2017
Category Listing Information and Profile
Reference Number LIP-05062017-00002


Related Announcements for BORNOIL-WC
Date Title
16/11/2015 Profile for Securities of PLC