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 |