PIE-CB

0.005

(%)

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