We are pleased to announce the proposed issue by MCSM of up to 16,000,000 European-style non-collateralised cash settled call warrants over ordinary shares of DSONIC by way of market making.

The DSONIC-C22 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

The DSONIC-C22 is constituted by the Deed Poll dated 16 October 2019. The DSONIC-C22 is subject to the terms and conditions of the Base Prospectus dated 21 October 2019. The obligations of MCSM under DSONIC-C22 are guaranteed by Macquarie Financial Holdings Pty Limited pursuant to the Guarantee Deed Poll dated 16 October 2019.

A summary of the principal terms of DSONIC-C22 is set out in the attachment.

This announcement is dated 15 July 2020.