STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| YTLPOWR-C7: CW YTL POWER INTERNATIONAL BHD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF YTL POWER INTERNATIONAL BERHAD ("YTLPOWR") ("YTLPOWR SHARES") WITH AN EXERCISE RATIO OF 2 CALL WARRANTS : 1 YTLPOWR SHARE ("YTLPOWR-C7") |
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With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 50,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of YTLPOWR, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.
YTLPOWR-C7 is constituted by the Deed Poll dated 29 June 2018 executed by us, as supplemented from time to time. The YTLPOWR-C7 is subject to the terms and conditions of the Base Prospectus dated 6 July 2018, the First Supplementary Base Prospectus dated 28 August 2018, the Second Supplementary Base Prospectus dated 28 February 2019 and the Term Sheet for the YTLPOWR-C7 dated 28 February 2019.
A summary of the principal terms of the YTLPOWR-C7 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | YTLPOWR-C7: CW YTL POWER INTERNATIONAL BHD (AM) |
| Stock Name | YTLPOWR-C7 |
| Date Announced | 28 Feb 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-27022019-00152 |