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 |