STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
HIBISCS-C36: CW HIBISCUS PETROLEUM 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 HIBISCUS PETROLEUM BERHAD ("HIBISCS") ("HIBISCS SHARES") WITH AN EXERCISE RATIO OF 4 CALL WARRANTS : 1 HIBISCS SHARE ("HIBISCS-C36") |
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 HIBISCS, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. HIBISCS-C36 is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The HIBISCS-C36 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, Third Supplementary Base Prospectus dated 21 March 2022 and the Term Sheet for the HIBISCS-C36 dated 02 June 2022. A summary of the principal terms of the HIBISCS-C36 is set out in Table 1.
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Please refer attachment below.
Announcement Info
Company Name | HIBISCS-C36: CW HIBISCUS PETROLEUM BERHAD (AM) |
Stock Name | HIBISCS-C36 |
Date Announced | 02 Jun 2022 |
Category | General Announcement for PLC |
Reference Number | GA1-01062022-00054 |