GTRONIC-C20

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

GTRONIC-C20: CW GLOBETRONICS TECHNOLOGY BHD (MIBB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
MAYBANK INVESTMENT BANK BERHAD ("MAYBANK IB") 
	
PROPOSED ISSUANCE OF UP TO 100,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF GLOBETRONICS TECHNOLOGY BHD ("GTRONIC") ("GTRONIC SHARE(S)") ("GTRONIC-C20")

We are pleased to announce the proposed issuance by Maybank IB of up to 100,000,000 European style non-collateralised cash settled call warrants over the GTRONIC Shares.

GTRONIC-C20 is constituted by the Deed Poll dated 9 December 2020 executed by us for the Structured Warrants, as supplemented from time to time. GTRONIC-C20 is subject to the terms and conditions of the Base Prospectus dated 15 December 2020, the First Supplementary Base Prospectus dated 9 March 2021, the Second Supplementary Base Prospectus dated 5 August 2021 and the Term Sheet dated 11 October 2021.

GTRONIC-C20 is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of GTRONIC-C20 is set out in the attachment.




Please refer attachment below.

Attachments

Table_GTRONIC-C20.pdf
96.0 kB



Announcement Info

Company Name GTRONIC-C20: CW GLOBETRONICS TECHNOLOGY BHD (MIBB)
Stock Name GTRONIC-C20
Date Announced 11 Oct 2021
Category General Announcement for PLC
Reference Number GA1-08102021-00073