TANCO

0.780

-0.04 (-4.9%)

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD

TANCO HOLDINGS BERHAD

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description
TANCO HOLDINGS BERHAD ('the Company")
- NOTIFICATION OF DEALINGS BY DIRECTOR PURSUANT TO PARAGRAPH 14.06(b) OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD

We wish to announce that Mr Andrew Tan Jun Suan, the Group Managing Director has given notice of his dealings in the securities of Tanco Holdings Berhad by virtue of  the exercise of Warrants, which are exempted from the general restrictions on dealings during closed period pursuant to Paragraph 14.06(b) of  the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

 

Details are set out in the table below:-

 

Description of Securities

Date of Change

No. of Ordinary Shares allotted

Percentage (%) of Issued Shares

Price per Share

Type of transaction

Nature of Interest

Ordinary Shares

11 May 2021

14,470,000

1.008%

RM0.05

Allotment of 14,470,000 new ordinary shares arising from the exercise of  14,470,000 Warrants 

Deemed 

Interest**

 

-  The percentage of interest in ordinary shares was calculated based on 1,435,879,604 ordinary shares in the Company 

 

Description of Securities

Date of Change

No. of Warrants Exercised

Percentage (%) of Outstanding Warrants

Exercise Price per Warrant

Type of transaction

Nature of Interest

Warrants 

2018/2021

11 May 2021

14,470,000

5.326%

RM0.05

Exercise of 14,470,000 Warrants and subscribe for 14,470,000 ordinary shares

Deemed 

Interest**

 

-  The percentage of interest in Warrants was calculated based on Outstanding Warrants of 271,684,240.

 

**Deemed interested by virtue of his interest in TJN Capital Sdn Bhd pursuant to Section 8 of the Companies Act, 2016. 

 

This announcement is dated 11 May 2021.






Announcement Info

Company Name TANCO HOLDINGS BERHAD
Stock Name TANCO
Date Announced 11 May 2021
Category General Announcement for PLC
Reference Number GA1-11052021-00044