BAT-C5

0.130

+0.01 (+8.3%)

STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

BAT-C5: CW BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD (KIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
KENANGA INVESTMENT BANK BERHAD (''KIBB'')

PROPOSED ISSUE OF UP TO 35,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD (''BAT'') (''BAT-C5'')

We are pleased to announce the proposed issue by KIBB of up to 35,000,000 European style non-collateralised cash-settled call warrants over the ordinary shares of BAT.

 

The BAT-C5 is constituted by the Deed Poll dated 13 May 2020 executed by us, as supplemented from time to time. The BAT-C5 is subject to terms and conditions of the Base Prospectus dated 18 May 2020, the First Supplementary Base Prospectus dated 9 October 2020 and the Term Sheet dated 17 December 2020.

 

The BAT-C5 will be listed on the Structured Warrants Board of Malaysia Securities Berhad and issued by KIBB under the Base Prospectus dated 18 May 2020 and the First Supplementary Base Prospectus dated 9 October 2020.

 

A summary of principal terms of the BAT-C5 is set out in Table 1.

 

This announcement is dated 17 December 2020.




Please refer attachment below.

Attachments

Table 1 - BAT-C5.pdf
269.8 kB



Announcement Info

Company Name BAT-C5: CW BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD (KIBB)
Stock Name BAT-C5
Date Announced 17 Dec 2020
Category General Announcement for PLC
Reference Number GA1-15122020-00110