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 |