SPSETIA-C45

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

SPSETIA-C45: CW S P SETIA 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 S P SETIA BERHAD ("SPSETIA") ("SPSETIA SHARES") WITH AN EXERCISE RATIO OF 5 CALL WARRANTS : 1 SPSETIA SHARE ("SPSETIA-C45")

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

SPSETIA-C45 is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The SPSETIA-C45 is subject to the terms and conditions of the Base Prospectus dated 24 August 2021, First Supplementary Base Prospectus dated 25 October 2021 and the Term Sheet for the SPSETIA-C45 dated 10 December 2021.

A summary of the principal terms of the SPSETIA-C45 is set out in Table 1.


This announcement is dated 10 December 2021.




Please refer attachment below.



Announcement Info

Company Name SPSETIA-C45: CW S P SETIA BERHAD (AM)
Stock Name SPSETIA-C45
Date Announced 10 Dec 2021
Category General Announcement for PLC
Reference Number GA1-08122021-00109