STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PBBANK-C38: CW PUBLIC BANK 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 PUBLIC BANK BERHAD ("PBBANK") ("PBBANK SHARES") WITH AN EXERCISE RATIO OF 12 CALL WARRANTS : 1 PBBANK SHARE ("PBBANK-C38") |
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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 PBBANK, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. PBBANK-C38 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The PBBANK-C38 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019 and the Term Sheet for the PBBANK-C38 dated 29 August 2019. A summary of the principal terms of the PBBANK-C38 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | PBBANK-C38: CW PUBLIC BANK BERHAD (AM) |
| Stock Name | PBBANK-C38 |
| Date Announced | 29 Aug 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-28082019-00064 |