SMETRIC-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

SECUREMETRIC BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
SECUREMETRIC BERHAD ("SECUREMETRIC" OR "COMPANY")

ISSUANCE OF UP TO 243,600,000 FREE SECUREMETRIC WARRANTS ("WARRANTS") ON THE BASIS OF 1 WARRANT FOR EVERY 1 EXISTING SECUREMETRIC SHARE HELD BY THE ENTITLED SHAREHOLDERS OF SECUREMETRIC AT 5.00 P.M. ON 17 JANUARY 2020
Listing Date 04 Feb 2020
Issue Date 22 Jan 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 243,600,000
Maturity Mandatory
Maturity Date 21 Jan 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 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.1600
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 Securemetric Share at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 3 January 2020 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 February 2020.


Announcement Info

Company Name SECUREMETRIC BERHAD
Stock Name SMETRIC-WA
Date Announced 03 Feb 2020
Category Listing Information and Profile
Reference Number LIP-03022020-00018