TOPGLOV-C1X

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

TOPGLOV-C1X: CW TOP GLOVE CORPORATION BHD (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 TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV-C1X")

We refer to the announcement made by TOPGLOV dated 17 September 2021 and RHBIB dated 20 September 2021 pursuant to a  special dividend of 1.6 sen per share ("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 TOPGLOV-C1X 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 TOPGLOV-C1X.

 

This announcement is dated 30 September 2021.






Announcement Info

Company Name TOPGLOV-C1X: CW TOP GLOVE CORPORATION BHD (RHB)
Stock Name TOPGLOV-C1X
Date Announced 30 Sep 2021
Category General Announcement for PLC
Reference Number GA1-30092021-00084