RAMSSOL-WA

0.195

-0.01 (-4.9%)

Listing Information & Profile

Profile for Securities of PLC

RAMSSOL GROUP BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
Issuance of 122,678,296 ("Warrant(s)") in Ramssol Group Berhad ("Ramssol" or the "Company") on the basis of 1 Warrant for every 2 existing ordinary shares in Ramssol held on an entitlement date of 27 February 2023 ("Bonus Issue of Warrants")
Listing Date 10 Mar 2023
Issue Date 03 Mar 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 122,678,296
Maturity Mandatory
Maturity Date 02 Mar 2028
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.4500
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant carries the entitlement to subscribe for 1 new ordinary share in Ramssol at the exercise price (as indicated above) and at any time during the exercise period (as indicated above) ("Exercise Period") subject to the adjustments in accordance with the provisions of the deed poll dated 10 February 2023, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose. 

This announcement is dated 9 March 2023.


Announcement Info

Company Name RAMSSOL GROUP BERHAD
Stock Name RAMSSOL-WA
Date Announced 09 Mar 2023
Category Listing Information and Profile
Reference Number LIP-09032023-00001