COMFORT-CH

0.005

(%)

STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

COMFORT-CH: CW COMFORT GLOVES 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 COMFORT GLOVES BERHAD ("COMFORT") ("COMFORT-CH")

We refer to the announcements made by COMFORT dated 15 March 2021 and RHBIB dated 16 March 2021 pursuant to a special dividend of 3.5 sen per ordinary share in respect of the financial year ended 31 January 2021 ("Special Dividend").

 

In accordance with Condition 2 – Adjustment of Exercise Price, Underlying Index, Exercise Level and/or Exercise Ratio of the Part 1 of the Deed Poll dated 21 October 2020, no adjustments will be made to COMFORT-CH pursuant to the Special Dividend as the adjustment amount is less than two per cent (2%) of the Exercise Price and/or Exercise Ratio of COMFORT-CH.

 

 

This announcement is dated 26 March 2021.






Announcement Info

Company Name COMFORT-CH: CW COMFORT GLOVES BERHAD (RHB)
Stock Name COMFORT-CH
Date Announced 26 Mar 2021
Category General Announcement for PLC
Reference Number GA1-26032021-00015