YTLPOWR-C26

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

YTLPOWR-C26: CW YTL POWER INTERNATIONAL 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 YTL POWER INTERNATIONAL BERHAD ("YTLPOWR") ("YTLPOWR SHARES") WITH AN EXERCISE RATIO OF 2 CALL WARRANTS : 1 YTLPOWR SHARE ("YTLPOWR-C26")

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 YTLPOWR, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

YTLPOWR-C26 is constituted by the Deed Poll dated 24 August 2022 executed by us, as supplemented from time to time. The YTLPOWR-C26 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 YTLPOWR-C26 dated 09 June 2023.

A summary of the principal terms of the YTLPOWR-C26 is set out in Table 1.


This announcement is dated 09 June 2023. 




Please refer attachment below.



Announcement Info

Company Name YTLPOWR-C26: CW YTL POWER INTERNATIONAL BERHAD (AM)
Stock Name YTLPOWR-C26
Date Announced 09 Jun 2023
Category General Announcement for PLC
Reference Number GA1-08062023-00013