STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING
| DNEX-C7: CW DAGANG NEXCHANGE 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 DAGANG NEXCHANGE BERHAD ("DNEX") ("DNEX SHARES") WITH AN EXERCISE RATIO OF 2 CALL WARRANTS : 1 DNEX SHARE ("DNEX-C7") |
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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 DNEX, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. DNEX-C7 is constituted by the Deed Poll dated 24 August 2022 executed by us, as supplemented from time to time. The DNEX-C7 is subject to the terms and conditions of the Base Prospectus dated 29 August 2022 and the Term Sheet for the DNEX-C7 dated 09 September 2022. A summary of the principal terms of the DNEX-C7 is set out in Table 1.
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Please refer attachment below.
Announcement Info
| Company Name | DNEX-C7: CW DAGANG NEXCHANGE BERHAD (AM) |
| Stock Name | DNEX-C7 |
| Date Announced | 09 Sep 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08092022-00015 |