MYEG-C4K

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

MYEG-C4K: CW MY E.G. SERVICES BERHAD (MACQ)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALIZED CASH SETTLED CALL WARRANTS EXPIRING ON 28 NOVEMBER 2023 OVER ORDINARY SHARES OF MY E.G. SERVICES BERHAD ("MYEG") ("MYEG-C4K") PURSUANT TO A DISTRIBUTION OF 14,275,248 ORDINARY SHARES IN AGMO HOLDINGS BERHAD ("AGMO"), REPRESENTING MYEGS 4.39% EQUITY INTEREST IN AGMO, HELD THROUGH MY E.G. CAPITAL SDN BHD, TO THE ENTITLED SHAREHOLDERS OF MYEG ("ENTITLED SHAREHOLDERS") BY WAY OF DIVIDEND-IN-SPECIE ("DIVIDEND-IN-SPECIE")

We refer to the announcements by MYEG dated 22 August 2023 and our announcements dated 24 August 2023 pertaining to the Dividend-In-Specie.


In accordance with Condition 6 of the Deed Poll dated 26 September 2022, the terms and conditions of the Structured Warrants shall not be adjusted as the adjustment amount is less than 2% of the Exercise Price or Exercise Ratio being changed.


This announcement is dated 04 September 2023.






Announcement Info

Company Name MYEG-C4K: CW MY E.G. SERVICES BERHAD (MACQ)
Stock Name MYEG-C4K
Date Announced 04 Sep 2023
Category General Announcement for PLC
Reference Number GA1-04092023-00099