TOPGLOV-C2M

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TOPGLOV-C2M: 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 8 CALL WARRANTS : 1 TOPGLOV SHARE ("TOPGLOV-C2M")

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-C2M is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The TOPGLOV-C2M 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-C2M dated 23 February 2022.

A summary of the principal terms of the TOPGLOV-C2M is set out in Table 1.


This announcement is dated 23 February 2022.




Please refer attachment below.



Announcement Info

Company Name TOPGLOV-C2M: CW TOP GLOVE CORPORATION BHD (AM)
Stock Name TOPGLOV-C2M
Date Announced 23 Feb 2022
Category General Announcement for PLC
Reference Number GA1-22022022-00018