PBBANK-C48

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

PBBANK-C48: CW PUBLIC BANK BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD ("CIMB BANK")

PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PUBLIC BANK BERHAD ("PBBANK") ("PBBANK-C48")

We are pleased to announce the proposed issue by CIMB Bank of up to 50,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in PBBANK

 

The PBBANK-C48 is constituted by the Deed Poll dated 5 May 2020 executed by us, as supplemented from time to time. The PBBANK-C48 is subject to the terms and conditions of the Base Prospectus dated 14 May 2020 and the Term Sheet for the PBBANK-C48 dated 18 May 2020.

 

The PBBANK-C48 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the PBBANK-C48 is set out in Table 1.

 

This announcement is dated 18 May 2020.




Please refer attachment below.



Announcement Info

Company Name PBBANK-C48: CW PUBLIC BANK BERHAD (CIMB)
Stock Name PBBANK-C48
Date Announced 18 May 2020
Category General Announcement for PLC
Reference Number GA1-17052020-00006