SPSETIA-C63

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

SPSETIA-C63: CW S P SETIA BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF S P SETIA BERHAD ("SPSETIA") ("SPSETIA SHARES") WITH AN EXERCISE RATIO OF 1.5 CALL WARRANTS : 1 SPSETIA SHARE ("SPSETIA-C63")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of SPSETIA, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

SPSETIA-C63 is constituted by the Deed Poll dated 24 August 2022 executed by us, as supplemented from time to time. The SPSETIA-C63 is subject to the terms and conditions of the Base Prospectus dated 29 August 2022, First Supplementary Base Prospectus dated 14 December 2022, Second Supplementary Base Prospectus dated 13 February 2023 and the Term Sheet for the SPSETIA-C63 dated 18 April 2023.

A summary of the principal terms of the SPSETIA-C63 is set out in Table 1.


This announcement is dated 18 April 2023. 




Please refer attachment below.



Announcement Info

Company Name SPSETIA-C63: CW S P SETIA BERHAD (AM)
Stock Name SPSETIA-C63
Date Announced 18 Apr 2023
Category General Announcement for PLC
Reference Number GA1-17042023-00023