ANCOMNY-WB

0.745

-0.04 (-5.1%)

Listing Information & Profile

Profile for Securities of PLC

Amended Announcements
Please refer to the earlier announcement reference number: LIP-15092020-00017

ANCOM NYLEX BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2020/2025 IN ANCOM NYLEX BERHAD (FORMERLY KNOWN AS ANCOM BERHAD) ("ANB" OR THE "COMPANY") ("WARRANTS B") AS CONSTITUTED BY THE DEED POLL DATED 21 AUGUST 2020 ("DEED POLL") PURSUANT TO THE SHARE SPLIT INVOLVING THE SUBDIVISION OF EVERY 1 EXISTING ORDINARY SHARE IN ANB ("ANB SHARE") HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AS AT 5.00 P.M. ON 3 JUNE 2022 ("ENTITLEMENT DATE"), INTO 3 ANB SHARES ("SHARE SPLIT")

1st Further Issue Information

Listing Date 07 Jun 2022
Issue Date 03 Jun 2022
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Amount Issued under Further Issue in Unit 105,908,882
Enlarge Issue Size in Unit 158,863,323

Initial Listing Information

Listing Date 18 Sep 2020
Issue Date 10 Sep 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 59,878,790
Maturity Mandatory
Maturity Date 09 Sep 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 4.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.8400
Revised Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.2800
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Pursuant to the adjustments to the exercise price and number of outstanding Warrants B arising from the Share Split ("Adjustments"):

(i)	the existing number of 52,954,441 Warrants B as at the Entitlement Date will be adjusted into 158,863,323 Warrants B, which will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 7 June 2022, being the next market day following the Entitlement Date; and 

(ii)	the exercise price of Warrants B will be revised from RM0.84 to RM0.28 each.

In accordance with the provisions of the Deed Poll, the Adjustments shall take effect on 7 June 2022, being the next market day immediately after the Entitlement Date. 

The notice to holders of the Warrants B setting out the details of the Adjustments will be despatched in due course. 

This announcement is dated 3 June 2022.


Announcement Info

Company Name ANCOM NYLEX BERHAD
Stock Name ANCOMNY-WB
Date Announced 03 Jun 2022
Category Listing Information and Profile
Reference Number LIP-02062022-00011