AXIATA-C48

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

AXIATA-C48: CW AXIATA GROUP BERHAD (RHB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
RHB INVESTMENT BANK BERHAD ("RHBIB")

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF AXIATA GROUP BERHAD ("AXIATA") ("AXIATA-C48")

We refer to the announcement made by AXIATA on 10 April 2020 pursuant to a Special Dividend of 0.5 sen per Ordinary Share ("Special Dividend").

 

In accordance with Condition 2 – Adjustment of Exercise Price, Underlying Index, Exercise Level and/or Exercise Ratio of the Part 1 of the Deed Poll dated 18 October 2018, no adjustments will be made to AXIATA-48 pursuant to the Special Dividend as the adjustment amount is less than two per cent (2%) of the Exercise Price of AXIATA-C48.

 

This announcement is dated 23 April 2020.






Announcement Info

Company Name AXIATA-C48: CW AXIATA GROUP BERHAD (RHB)
Stock Name AXIATA-C48
Date Announced 23 Apr 2020
Category General Announcement for PLC
Reference Number GA1-23042020-00080