STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| PBBANK-C62: CW PUBLIC BANK BHD (AM) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT INITIAL OFFERING |
| Description | PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PUBLIC BANK BERHAD ("PBBANK") ("PBBANK SHARES") WITH AN EXERCISE RATIO OF 30 CALL WARRANTS : 1 PBBANK SHARE ("PBBANK-C62") |
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With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of PBBANK, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.
PBBANK-C62 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The PBBANK-C62 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020 and the Term Sheet for the PBBANK-C62 dated 22 January 2021.
A summary of the principal terms of the PBBANK-C62 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | PBBANK-C62: CW PUBLIC BANK BHD (AM) |
| Stock Name | PBBANK-C62 |
| Date Announced | 22 Jan 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-20012021-00091 |