AMBANK-C22

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

AMBANK-C22: CW AMMB HOLDINGS BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD (CIMB BANK)

PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF AMMB HOLDINGS BERHAD ("AMBANK") ("AMBANK-C22")

We are pleased to announce the proposed issue by CIMB Bank of up to 80,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in AMBANK.

 

The AMBANK-C22 is constituted by the Deed Poll dated 5 May 2020 executed by us, as supplemented from time to time. The AMBANK-C22 is subject to the terms and conditions of the Base Prospectus dated 14 May 2020, the First Supplementary Base Prospectus dated 24 June 2020 and the Second Supplementary Base Prospectus dated 17 July 2020 and the Term Sheet for the AMBANK-C22 dated 24 August 2020.

 

The AMBANK-C22 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the AMBANK-C22 is set out in Table 1.

 

This announcement is dated 24 August 2020.




Please refer attachment below.



Announcement Info

Company Name AMBANK-C22: CW AMMB HOLDINGS BERHAD (CIMB)
Stock Name AMBANK-C22
Date Announced 24 Aug 2020
Category General Announcement for PLC
Reference Number GA1-23082020-00002