STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
UOADEV-CX: CW UOA DEVELOPMENT BHD (AM) |
Type | Announcement |
Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
Description | PROPOSED ISSUE OF UP TO 50,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF UOA DEVELOPMENT BHD ("UOADEV") ("UOADEV SHARES") WITH AN EXERCISE RATIO OF 3.5 CALL WARRANTS : 1 UOADEV SHARE ("UOADEV-CX") |
With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 50,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of UOADEV, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. UOADEV-CX is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The UOADEV-CX is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the UOADEV-CX dated 04 September 2020. A summary of the principal terms of the UOADEV-CX is set out in Table 1.
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Please refer attachment below.
Announcement Info
Company Name | UOADEV-CX: CW UOA DEVELOPMENT BHD (AM) |
Stock Name | UOADEV-CX |
Date Announced | 04 Sep 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-03092020-00029 |