MTRONIC-WA

0.020

-0.005 (-20%)

Listing Information & Profile

Profile for Securities of PLC

METRONIC GLOBAL BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
FREE DETACHABLE WARRANTS IN METRONIC GLOBAL BERHAD ("METRONIC") ("WARRANTS") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 645,342,048 NEW ORDINARY SHARES IN METRONIC ("METRONIC SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.065 PER RIGHTS SHARE TOGETHER WITH UP TO 484,006,536 FREE DETACHABLE WARRANTS ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS FOR EVERY 2 EXISTING METRONIC SHARES HELD BY THE ENTITLED SHAREHOLDERS OF METRONIC AT 5.00 P.M. ON 20 MARCH 2019 ("ENTITLED SHAREHOLDERS")
Listing Date 23 Apr 2019
Issue Date 17 Apr 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 481,365,866
Maturity Mandatory
Maturity Date 16 Apr 2022
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.0800
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant carries the entitlement to subscribe for 1 new Metronic Share at the exercise price of RM0.08 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants dated 1 March 2019. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled and treated to have been cancelled forthwith.

If the maturity date of the Warrants falls on a non-market day, then it will fall on the preceding market day.

This announcement is dated 22 April 2019.


Announcement Info

Company Name METRONIC GLOBAL BERHAD
Stock Name MTRONIC-WA
Date Announced 22 Apr 2019
Category Listing Information and Profile
Reference Number LIP-22042019-00001