TOPGLOV-C1B

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

TOPGLOV-C1B: CW TOP GLOVE CORPORATION BHD (MACQ)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 16 JULY 2021 OVER ORDINARY SHARES ("SHARES") OF TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV-C1B") PURSUANT TO A SPECIAL SINGLE TIER THIRD INTERIM DIVIDEND OF 5.30 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

We refer to the announcement by TOPGLOV dated 9 June 2021 and our announcement dated 11 June 2021 pertaining to the Special Dividend.

 

In accordance with Condition 6 of the Deed Poll dated 26 October 2020 the terms and conditions of the Structured Warrants shall not be adjusted as the adjustment amount is less than 2% of the Exercise Price or Exercise Ratio being changed.

 

This announcement is dated 22 June 2021.






Announcement Info

Company Name TOPGLOV-C1B: CW TOP GLOVE CORPORATION BHD (MACQ)
Stock Name TOPGLOV-C1B
Date Announced 22 Jun 2021
Category General Announcement for PLC
Reference Number GA1-22062021-00078