PETRONM-C6

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

PETRONM-C6: CW PETRON MALAYSIA REFINING & MARKETING 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 PETRON MALAYSIA REFINING & MARKETING BHD ("PETRONM") ("PETRONM SHARES") WITH AN EXERCISE RATIO OF 12 CALL WARRANTS : 1 PETRONM SHARE ("PETRONM-C6")

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 PETRONM, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.      

PETRONM-C6 is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The PETRONM-C6 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 PETRONM-C6 dated 15 July 2022.

A summary of the principal terms of the PETRONM-C6 is set out in Table 1.


This announcement is dated 15 July 2022.




Please refer attachment below.



Announcement Info

Company Name PETRONM-C6: CW PETRON MALAYSIA REFINING & MARKETING BHD (AM)
Stock Name PETRONM-C6
Date Announced 15 Jul 2022
Category General Announcement for PLC
Reference Number GA1-13072022-00016