General Announcement for PLC

16/06/2020

STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

GTRONIC-C6: 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 NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF GLOBETRONICS TECHNOLOGY BHD ("GTRONIC") ("GTRONIC SHARE(S)") ("GTRONIC-C6")

We refer to GTRONIC's and Maybank Investment Bank Berhad’s announcement dated 2 June 2020 and 5 June 2020 respectively pursuant to a single tier special dividend of 1 sen per ordinary share for the year ended 31 December 2020 ("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-C6. The Exercise Price and Entitlement of GTRONIC-C6 shall remain the same.






Announcement Info

Company Name GTRONIC-C6: CW GLOBETRONICS TECHNOLOGY BERHAD (MIBB)
Stock Name GTRONIC-C6
Date Announced 16 Jun 2020
Category General Announcement for PLC
Reference Number GA1-16062020-00090