STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
TOPGLOV-C2I: CW TOP GLOVE CORPORATION BHD (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 TOP GLOVE CORPORATION BHD ("TOPGLOV") ("TOPGLOV SHARES") WITH AN EXERCISE RATIO OF 7 CALL WARRANTS : 1 TOPGLOV SHARE ("TOPGLOV-C2I") |
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 TOPGLOV, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. TOPGLOV-C2I is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The TOPGLOV-C2I is subject to the terms and conditions of the Base Prospectus dated 24 August 2021, First Supplementary Base Prospectus dated 25 October 2021, Second Supplementary Base Prospectus dated 20 January 2022 and the Term Sheet for the TOPGLOV-C2I dated 24 January 2022. A summary of the principal terms of the TOPGLOV-C2I is set out in Table 1.
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Please refer attachment below.
Announcement Info
Company Name | TOPGLOV-C2I: CW TOP GLOVE CORPORATION BHD (AM) |
Stock Name | TOPGLOV-C2I |
Date Announced | 24 Jan 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-21012022-00019 |