TENAGA-C95

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TENAGA-C95: CW TENAGA NASIONAL 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 TENAGA NASIONAL BERHAD ("TENAGA") ("TENAGA SHARES") WITH AN EXERCISE RATIO OF 20 CALL WARRANTS : 1 TENAGA SHARE ("TENAGA-C95")

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 TENAGA, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

TENAGA-C95 is constituted by the Deed Poll dated 3 August 2020 executed by us, as supplemented from time to time. The TENAGA-C95 is subject to the terms and conditions of the Base Prospectus dated 13 August 2020, First Supplementary Base Prospectus dated 23 April 2021, Second Supplementary Base Prospectus dated 28 June 2021 and the Term Sheet for the TENAGA-C95 dated 09 August 2021.

A summary of the principal terms of the TENAGA-C95 is set out in Table 1.


This announcement is dated 09 August 2021.




Please refer attachment below.



Announcement Info

Company Name TENAGA-C95: CW TENAGA NASIONAL BERHAD (AM)
Stock Name TENAGA-C95
Date Announced 09 Aug 2021
Category General Announcement for PLC
Reference Number GA1-05082021-00066