General Announcement for PLC

12/03/2020

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 27 February 2020 in relation to the single tier special dividend of 2 sen per ordinary share for the year ended 31 December 2019 ("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 12 March 2020.






Announcement Info

Company Name GTRONIC-C4: CW GLOBETRONICS TECHNOLOGY BERHAD (KIBB)
Stock Name GTRONIC-C4
Date Announced 12 Mar 2020
Category General Announcement for PLC
Reference Number GA1-12032020-00030