GDEX-CS

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

GDEX-CS: CW GDEX BERHAD (RHB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
RHB INVESTMENT BANK BERHAD ("RHBIB") 

ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF GDEX BERHAD ("GDEX") ("GDEX-CS")

We refer to the announcements made by GDEX dated 21 October 2020, 30 October 2020, 6 November 2020, 3 December 2020 and 10 December pursuant to the issuance of up to 705,176,354 free warrants in GDEX ("Warrants C") on the basis of one (1) Warrant C for every eight (8) existing ordinary shares in GDEX held as at 5.00 p.m. on 30 December 2020 ("Free Warrants Issue").

 

In accordance with Subdivision 2.1.2 of Condition 2 - Adjustment of Exercise Price, Underlying Index, Exercise Level and/or Exercise Ratio of the Part 1 of the Deed Poll dated 22 October 2019, no adjustments will be made to GDEX-CS pursuant to the Free Warrants Issue. 

 

This announcement is dated 28 December 2020.






Announcement Info

Company Name GDEX-CS: CW GDEX BERHAD (RHB)
Stock Name GDEX-CS
Date Announced 28 Dec 2020
Category General Announcement for PLC
Reference Number GA1-28122020-00083