General Announcement for PLC

16/06/2020

STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

GTRONIC-C4: CW GLOBETRONICS TECHNOLOGY BERHAD (KIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GLOBETRONICS TECHNOLOGY BERHAD ("GTRONIC") ("GTRONIC-C4")

We refer to the announcement made by GTRONIC dated 2 June 2020 and our announcement dated 4 June 2020 in relation to the single tier special dividend of 1 sen per ordinary share for the year ending 31 December 2020 ("Special Dividend").

 

In accordance with the Second Schedule of the Deed Poll dated 9 May 2019, the terms and conditions of GTRONIC-C4 shall not be adjusted as the adjustment amount is less than 2% of the Exercise Ratio and/or Exercise Price being changed.

 

This announcement is dated 16 June 2020.






Announcement Info

Company Name GTRONIC-C4: CW GLOBETRONICS TECHNOLOGY BERHAD (KIBB)
Stock Name GTRONIC-C4
Date Announced 16 Jun 2020
Category General Announcement for PLC
Reference Number GA1-15062020-00141