TENAGA-C1N

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TENAGA-C1N: CW TENAGA NASIONAL BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
CIMB BANK BERHAD ("CIMB BANK")

PROPOSED ISSUE OF UP TO 150,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TENAGA NASIONAL BERHAD ("TENAGA") ("TENAGA-C1N")

We are pleased to announce the proposed issue by CIMB Bank of up to 150,000,000 European-style non-collateralised cash-settled call warrants over ordinary shares in TENAGA.

 

The TENAGA-C1N is constituted by the Deed Poll dated 18 April 2022 executed by us, as supplemented from time to time. The TENAGA-C1N is subject to the terms and conditions of the Base Prospectus dated 22 April 2022, the First Supplementary Base Prospectus dated 3 June 2022, the Second Supplementary Base Prospectus dated 19 July 2022, the Third Supplementary Base Prospectus dated 6 September 2022 and the Term Sheet for the TENAGA-C1N dated 5 October 2022.

 

The TENAGA-C1N is to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad. A summary of the principal terms of the TENAGA-C1N is set out in the attachment.

 

This announcement is dated 5 October 2022.




Please refer attachment below.



Announcement Info

Company Name TENAGA-C1N: CW TENAGA NASIONAL BERHAD (CIMB)
Stock Name TENAGA-C1N
Date Announced 05 Oct 2022
Category General Announcement for PLC
Reference Number GA1-04102022-00051