WEGMANS-WC

0.020

(%)

Listing Information & Profile

Profile for Securities of PLC

WEGMANS HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Bonus issue of 137,508,560 free warrants in Wegmans Holdings Berhad ("Wegmans" or the "Company") ("Warrant(s) C") on the basis of 1 Warrant C for every 4 existing ordinary shares in Wegmans held by entitled shareholders of the Company ("Entitled Shareholders") at 5.00 p.m. on 5 May 2022
Listing Date 13 May 2022
Issue Date 10 May 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 137,508,560
Maturity Mandatory
Maturity Date 09 May 2025
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.2100
Revised Exercise/Strike/Conversion Price  
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant C carries the entitlement to subscribe for 1 new Wegmans Share at the exercise price of RM0.210 and at any time during the exercise period of 3 years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the maturity date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants C are subject to the adjustments in accordance with the provisions of the deed poll dated 15 April 2022 constituting the Warrants C. Any Warrants C not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

This announcement is dated 12 May 2022.


Announcement Info

Company Name WEGMANS HOLDINGS BERHAD
Stock Name WEGMANS-WC
Date Announced 12 May 2022
Category Listing Information and Profile
Reference Number LIP-11052022-00001