General Announcement for PLC
04/06/2020STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| SPSETIA-C29: CW S P SETIA BERHAD (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 S P SETIA BERHAD ("SPSETIA") ("SPSETIA SHARES") WITH AN EXERCISE RATIO OF 2.5 CALL WARRANTS : 1 SPSETIA SHARE ("SPSETIA-C29") |
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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 SPSETIA, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. SPSETIA-C29 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The SPSETIA-C29 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 SPSETIA-C29 dated 4 June 2020. A summary of the principal terms of the SPSETIA-C29 is set out in Table 1.
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Please refer attachment below.
Attachments
Table 1 - Summary of the Principal Terms of SPSETIA-C29.pdf
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Announcement Info
| Company Name | SPSETIA-C29: CW S P SETIA BERHAD (AM) |
| Stock Name | SPSETIA-C29 |
| Date Announced | 04 Jun 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03062020-00022 |