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 |