Adjustment
| ALIBABA-C35: CW ALIBABA GROUP HOLDING LIMITED (MACQ) |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 2 AUGUST 2024 OVER ORDINARY SHARES ("SHARES") OF ALIBABA GROUP HOLDING LIMITED ("ALIBABA") ("ALIBABA-C35") PURSUANT TO A SPECIAL DIVIDEND OF USD 0.0825 PER ORDINARY SHARE ("SPECIAL DIVIDEND"). |
| EX-date | 12 Jun 2024 |
| Entitlement date | 13 Jun 2024 |
| Entitlement time | 04:30 PM |
| Financial Year End | |
| Period of interest payment | to |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 13 Jun 2024 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new
shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Ratio |
| Ratio | 0.0000 : 0.0000 |
| Rights Issue/Offer Price | |
| Par Value (if applicable) | |
| Registrar or Service Provider name, address, telephone no |
MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD Level 13, Menara 1 Sentrum 201, Jalan Tun Sambanthan, Brickfields 50470 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0320598840 Fax:0320321889 |
| Remarks : |
Effective 12 June 2024, the Exercise Price and Exercise Ratio will be adjusted based on the following formulae (and rounded to the nearest 4 dp): (i) Adjusted Exercise Price = X x (P-D) / P (ii) Adjusted Exercise Ratio = E x (P-D) / P P = Closing price of the Share on the last Market Day on which the Shares are traded on a cum-entitlement basis D = USD0.0825, being the Special Dividend per one (1) Share held X = HKD85.00, being the existing Exercise Price immediately prior to the Special Dividend E = 50, being the existing Exercise Ratio immediately prior to the Special Dividend No adjustments shall be made if the formulae stated above results in an adjustment which would amount to less than 2% of the Exercise Ratio and/or Exercise Price being changed. |
Announcement Info
| Company Name | ALIBABA-C35: CW ALIBABA GROUP HOLDING LIMITED (MACQ) |
| Stock Name | ALIBABA-C35 |
| Date Announced | 17 May 2024 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-17052024-00002 |