UEMS-C71

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

UEMS-C71: CW UEM SUNRISE BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF UEM SUNRISE BERHAD ("UEMS") ("UEMS SHARES") WITH AN EXERCISE RATIO OF 1.5 CALL WARRANTS : 1 UEMS SHARE ("UEMS-C71")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 35,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of UEMS, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.      

UEMS-C71 is constituted by the Deed Poll dated 12 July 2019 executed by us, as supplemented from time to time. The UEMS-C71 is subject to the terms and conditions of the Base Prospectus dated 17 July 2019 and the Term Sheet for the UEMS-C71 dated 23 July 2019.

A summary of the principal terms of the UEMS-C71 is set out in Table 1.


This announcement is dated 23 July 2019.




Please refer attachment below.



Announcement Info

Company Name UEMS-C71: CW UEM SUNRISE BERHAD (AM)
Stock Name UEMS-C71
Date Announced 23 Jul 2019
Category General Announcement for PLC
Reference Number GA1-22072019-00057