PMBTECH-LA

20.740

(%)

PMBTECH-LA - Notice of Book Closure

PMB TECHNOLOGY BERHAD

Adjustment to the conversion price of irredeemable convertible unsecured loan stocks 2018/2023 ("ICULS 2018/2023") as specified in the trust deed dated 30 May 2018 ("Trust Deed") ("Adjustment"), as a consequence of the bonus issue of up to 1,296,774,800 new ordinary shares in PMB Technology Berhad ("PMBT" or the "Company") ("PMBT Shares") ("Bonus Shares") on the basis of 4 Bonus Shares for every 1 existing PMBT Share held as at 5.00 p.m. on 28 April 2022 ("Entitlement Date") ("Bonus Issue")
 

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 27 Apr 2022
2)  The last date of lodgment : 28 Apr 2022
 

Remarks :
The holders of the ICULS 2018/2023 ("ICULS Holders") must convert their respective outstanding ICULS 2018/2023 and lodge their duly completed and signed conversion notice with the Share Registrar by 5.00 p.m. on 18 April 2022 in order to be entitled to the Bonus Issue.

 

The ICULS Holders whose names appear in the Record of Depositors for the outstanding ICULS 2018/2023 as at 5.00 p.m. on the Entitlement Date shall accordingly be entitled to the Adjustment.

 

The conversion price of ICULS 2018/2023 shall be adjusted from RM2.74 to RM0.55.

 

The Adjustment shall take effect on 29 April 2022, being the next market day following the Entitlement Date. 

 

The notice to the ICULS Holders (setting out the details of the Adjustment) will be despatched in due course.


Announcement Info

Company Name PMB TECHNOLOGY BERHAD
Stock Name PMBTECH-LA
Date Announced 11 Apr 2022
Category Listing Circular
Reference Number ILC-11042022-00003