STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| DSONIC-C31: CW DATASONIC GROUP BERHAD (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 DATASONIC GROUP BERHAD ("DSONIC") ("DSONIC SHARES") WITH AN EXERCISE RATIO OF 2.5 CALL WARRANTS : 1 DSONIC SHARE ("DSONIC-C31") |
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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 DSONIC, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. DSONIC-C31 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The DSONIC-C31 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the DSONIC-C31 dated 11 November 2020. A summary of the principal terms of the DSONIC-C31 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | DSONIC-C31: CW DATASONIC GROUP BERHAD (AM) |
| Stock Name | DSONIC-C31 |
| Date Announced | 11 Nov 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-09112020-00022 |