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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
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.