SERSOL

0.105

(%)

MULTIPLE PROPOSALS SERSOL BERHAD ("SERSOL" OR "COMPANY") I. BONUS ISSUE OF SHARES; AND II. FREE WARRANTS ISSUE (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

SERSOL BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
SERSOL BERHAD ("SERSOL" OR "COMPANY") 

I.	BONUS ISSUE OF SHARES; AND
II.	FREE WARRANTS ISSUE

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

We refer to the announcements dated 22 March 2022, 12 April 2022, 13 April 2022, 28 April 2022, 18 May 2022, 17 June 2022, 4 July 2022, 5 July 2022, 11 October 2022 and 21 October 2022 in relation to the Proposals (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.

 

On behalf of the Board, TA Securities wishes to announce that Sersol had on today executed the deed poll constituting the Warrants.

 

In addition, the Company has resolved to fix the exercise price of the Warrants at RM0.10 each, representing a discount of approximately 17.76% to the 5-day VWAP of Sersol Shares up to and including 26 October 2022, being the last trading day of Sersol Shares immediately preceding the price-fixing date, of RM0.1216 per Sersol Share.

 

This announcement is dated 27 October 2022.






Announcement Info

Company Name SERSOL BERHAD
Stock Name SERSOL
Date Announced 27 Oct 2022
Category General Announcement for PLC
Reference Number GA1-27102022-00018