MYEG-C4H

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

MYEG-C4H: CW MY E.G. SERVICES BERHAD (CIMB)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF MY E.G. SERVICES BERHAD ("MYEG") ("MYEG-C4H") PURSUANT TO THE DISTRIBUTION OF 69,750,000 ORDINARY SHARES IN AGMO HOLDINGS BERHAD ("AGMO"), REPRESENTING MYEG'S ENTIRE 21.5% EQUITY INTEREST IN AGMO HELD THROUGH MY E.G. CAPITAL SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF MYEG, TO THE ENTITLED SHAREHOLDERS OF MYEG BY WAY OF A DIVIDEND-IN-SPECIE ("DIVIDEND-IN-SPECIE").

We refer to the announcement made by MYEG dated 19 January 2023 and our announcement dated 14 February 2023 pertaining to the Dividend-in-Specie.

In accordance with Condition 6 of our Deed Poll, the terms and conditions of MYEG-C4H shall not be adjusted as the adjustments amount to less than 2% of the Exercise Price and Exercise Ratio being changed.

This announcement is dated 16 February 2023.






Announcement Info

Company Name MYEG-C4H: CW MY E.G. SERVICES BERHAD (CIMB)
Stock Name MYEG-C4H
Date Announced 16 Feb 2023
Category General Announcement for PLC
Reference Number GA1-16022023-00065