General Announcement for PLC
03/07/2020STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| TENAGA-C76: CW TENAGA NASIONAL BHD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TENAGA NASIONAL BERHAD ("TENAGA") ("TENAGA SHARES") WITH AN EXERCISE RATIO OF 15 CALL WARRANTS : 1 TENAGA SHARE ("TENAGA-C76") |
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With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 50,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of TENAGA, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. TENAGA-C76 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The TENAGA-C76 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019, the First Supplementary Base Prospectus dated 26 February 2020 and the Term Sheet for the TENAGA-C76 dated 03 July 2020. A summary of the principal terms of the TENAGA-C76 is set out in Table 1.
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Please refer attachment below.
Attachments
Table 1 - Summary of the Principal Terms of TENAGA-C76.pdf
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Announcement Info
| Company Name | TENAGA-C76: CW TENAGA NASIONAL BHD (AM) |
| Stock Name | TENAGA-C76 |
| Date Announced | 03 Jul 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-02072020-00009 |