PLS-WA

0.250

(%)

Listing Information & Profile

Profile for Securities of PLC

PLS PLANTATIONS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description 
Issuance of 175,350,000 new free warrants in PLS Plantations Berhad ("PLS") ("Warrants") on the basis of one (1) Warrant for every two (2) ordinary shares in PLS ("PLS Shares") held by the entitled shareholders as at 5.00 p.m. on 28 February 2020
Listing Date 06 Mar 2020
Issue Date 05 Mar 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 175,350,000
Maturity Mandatory
Maturity Date 04 Mar 2030
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 10.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.8000
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 entitles the holder of the Warrant to subscribe for one (1) new PLS Share at the Exercise Price at any time during the Exercise Period subject to the provisions of the conditions as set out in the deed poll dated 13 February 2020 constituting the Warrants. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. 

This Announcement is dated 5 March 2020.

Announcement Info

Company Name PLS PLANTATIONS BERHAD
Stock Name PLS-WA
Date Announced 05 Mar 2020
Category Listing Information and Profile
Reference Number LIP-05032020-00001


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