General Announcement for PLC

17/06/2021

STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

GTRONIC-C11: CW GLOBETRONICS TECHNOLOGY BERHAD (MIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NONCOLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF GLOBETRONICS TECHNOLOGY BHD ("GTRONIC") ("GTRONIC SHARE(S)") ("GTRONIC-C11")

We refer to GTRONIC's and Maybank Investment Bank Berhad’s announcement dated 2 June 2021 and 8 June  2021 respectively pursuant to the single tier special dividend of 1 sen per ordinary share for the year ending 31 December 2021 ("Special Dividend").

 

As the adjustment for the Special Dividend does not amount to more than 2% of the Exercise Price and Entitlement being changed, therefore we will not make any adjustments to the terms and conditions of GTRONIC-C11. The Exercise Price and Entitlement of GTRONIC-C11 shall remain the same.






Announcement Info

Company Name GTRONIC-C11: CW GLOBETRONICS TECHNOLOGY BERHAD (MIBB)
Stock Name GTRONIC-C11
Date Announced 17 Jun 2021
Category General Announcement for PLC
Reference Number GA1-17062021-00033