LONBISC-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

LONDON BISCUITS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF THE OUTSTANDING WARRANTS 2015/2020 IN LONDON BISCUITS BERHAD ("LBB") CONSTITUTED BY THE DEED POLL DATED 7 JANUARY 2015 ("DEED POLL") PURSUANT TO THE BONUS ISSUE OF 51,296,652 NEW ORDINARY SHARES IN LBB ("LBB SHARES") ("BONUS SHARES") ON THE BASIS OF 1 BONUS SHARE FOR EVERY 4 EXISTING LBB SHARES HELD AS AT 5.00 P.M. ON 23 JANUARY 2019 ("ENTITLEMENT DATE") ("BONUS ISSUE") ("ADJUSTMENTS")

1st Further Issue Information

Listing Date 24 Jan 2019
Issue Date 23 Jan 2019
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 9,320,326
Enlarge Issue Size in Unit 46,601,683

Initial Listing Information

Listing Date 30 Jan 2015
Issue Date 27 Jan 2015
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 37,281,357
Maturity Mandatory
Maturity Date 26 Jan 2020
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 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   1.0000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.8000
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks : 
Pursuant to the Bonus Issue, 9,320,326 Additional Warrants will be listed and quoted on Main Market of Bursa Securities on 24 January 2019 and the exercise price of the Warrants 2015/2020 will be revised from RM1.00 to RM0.80 each.
	
The notice to the Warrant holders (setting out the details of the Adjustments) as well as the notice of allotment of the Additional Warrants will be despatched in due course.

This announcement is dated 23 January 2019.

Announcement Info

Company Name LONDON BISCUITS BERHAD
Stock Name LONBISC-WA
Date Announced 23 Jan 2019
Category Listing Information and Profile
Reference Number LIP-15012019-00001


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