General Announcement for PLC
19/11/2019STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| QL-CQ: CW QL RESOURCES BERHAD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF QL RESOURCES BERHAD ("QL") ("QL SHARES") WITH AN EXERCISE RATIO OF 8.5 CALL WARRANTS : 1 QL SHARE ("QL-CQ") |
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With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 35,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of QL, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. QL-CQ is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The QL-CQ is subject to the terms and conditions of the Base Prospectus dated 17 July 2019 and the Term Sheet for the QL-CQ dated 19 November 2019. A summary of the principal terms of the QL-CQ is set out in Table 1.
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Please refer attachment below.
Attachments
Table 1 - Summary of the Principal Terms of QL-CQ .pdf
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Announcement Info
| Company Name | QL-CQ: CW QL RESOURCES BERHAD (AM) |
| Stock Name | QL-CQ |
| Date Announced | 19 Nov 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-15112019-00044 |