STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
PIE-CB: CW P.I.E. INDUSTRIAL 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 P.I.E. INDUSTRIAL BERHAD ("PIE") ("PIE-CB") |
We refer to the announcements made by PIE dated 21 April 2021 and RHBIB dated 11 May 2021 pursuant to a special single tier dividend of 2.6 sen per share for the financial year ended 31 December 2020 (“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 PIE-CB 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 PIE-CB.
This announcement is dated 25 May 2021. |
Announcement Info
Company Name | PIE-CB: CW P.I.E. INDUSTRIAL BERHAD (RHB) |
Stock Name | PIE-CB |
Date Announced | 25 May 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-25052021-00070 |