STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| GTRONIC-C15: CW GLOBETRONICS TECHNOLOGY BERHAD (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 GLOBETRONICS TECHNOLOGY BHD. ("GTRONIC") ("GTRONIC SHARES") WITH AN EXERCISE RATIO OF 6 CALL WARRANTS : 1 GTRONIC SHARE ("GTRONIC-C15") |
|
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 GTRONIC, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. GTRONIC-C15 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The GTRONIC-C15 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020, First Supplementary Base Prospectus dated 23 April 2021 and the Term Sheet for the GTRONIC-C15 dated 26 April 2021. A summary of the principal terms of the GTRONIC-C15 is set out in Table 1.
|
|
Please refer attachment below.
Announcement Info
| Company Name | GTRONIC-C15: CW GLOBETRONICS TECHNOLOGY BERHAD (AM) |
| Stock Name | GTRONIC-C15 |
| Date Announced | 26 Apr 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26042021-00028 |