STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| YTL-C53: CW YTL CORPORATION 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 YTL CORPORATION BERHAD ("YTL") ("YTL SHARES") WITH AN EXERCISE RATIO OF 1.5 CALL WARRANTS : 1 YTL SHARE ("YTL-C53") |
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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 YTL, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. YTL-C53 is constituted by the Deed Poll dated 13 August 2021 executed by us, as supplemented from time to time. The YTL-C53 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, Fourth Supplementary Base Prospectus dated 10 August 2022 and the Term Sheet for the YTL-C53 dated 19 August 2022. A summary of the principal terms of the YTL-C53 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | YTL-C53: CW YTL CORPORATION BERHAD (AM) |
| Stock Name | YTL-C53 |
| Date Announced | 19 Aug 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-17082022-00077 |