GPACKET-WB

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Listing Information & Profile

Profile for Securities of PLC

GREEN PACKET BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Free Warrants 2018/ 2023 in Green Packet Berhad ("GPB") ("Warrant(s)") issued pursuant to the renounceable rights issue of up to 150,202,583 new ordinary shares in GPB ("GPB Share(s)") ("Rights Share(s)") on the basis of 1 Rights Share for every 5 existing GPB Shares held together with up to 450,607,749 free detachable warrants in GPB ("Warrant(s)") on the basis of 3 Warrants for every 1 Rights Share subscribed for as at 5.00 p.m. on Thursday, 1 November 2018 at an issue price of RM0.40 per Rights Share ("Rights Issue with Warrants")
Listing Date 04 Dec 2018
Issue Date 27 Nov 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 450,607,668
Maturity Mandatory
Maturity Date 24 Nov 2023
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)   0.4000
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 GPB Share at the exercise price of RM0.40 and at any time during the exercise period of 5 years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants are subject to the adjustments in accordance with the provisions of the deed poll dated 18 October 2018, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 3 December 2018.


Announcement Info

Company Name GREEN PACKET BERHAD
Stock Name GPACKET-WB
Date Announced 03 Dec 2018
Category Listing Information and Profile
Reference Number LIP-03122018-00001