INARI-WB

1.270

(%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-21122016-00003

INARI AMERTRON BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Adjustment to Warrants 2015/2020 ("INARI-WB Warrants") issued pursuant to a bonus issue

1st Further Issue Information

Listing Date 16 Apr 2018
Issue Date 13 Apr 2018
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 26,264,734
Enlarge Issue Size in Unit 78,794,211

Initial Listing Information

Listing Date 26 Feb 2015
Issue Date 18 Feb 2015
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 52,529,477
Maturity Mandatory
Maturity Date 17 Feb 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)   0.8000
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.5333
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 :
The INARI-WB Warrants may be exercised any time during the tenure of the INARI-WB Warrants and ending at 5:00 p.m. on the Expiry Date (being a date 5 years from and including the date of issue of the INARI-WB Warrants, provided that if such day falls on a day which is not a market day, then on the preceding market day). Each INARI-WB Warrant carries the entitlement to subscribe for 1 new ordinary share in Inari Amertron Berhad ("Inari") at the Exercise Price which shall be satisfied fully in cash and shall be subject to adjustments in accordance with the Deed Poll.

26,264,734 new additional INARI-WB Warrants will be issued resulting from the Bonus Issue of Inari announced on 29 January 2018.

Subject to the provision of the Deed Poll, the Exercise Price and the number of INARI-WB Warrants held by each INARI-WB Warrant holder shall be adjusted by Inari in consultation with the adviser and certification of the external auditors, in the event of alteration to the share capital of Inari.

This announcement is dated 13 April 2018.


Announcement Info

Company Name INARI AMERTRON BERHAD
Stock Name INARI-WB
Date Announced 13 Apr 2018
Category Listing Information and Profile
Reference Number LIP-13042018-00023