ALIBABA-C35

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

ALIBABA-C35: CW ALIBABA GROUP HOLDING LIMITED (MACQ)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
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").

We refer to the announcement by ALIBABA dated 14 May 2024 and our announcement dated 17 May 2024 pertaining to the Special Dividend.


In accordance with Condition 6 of the Deed Poll dated 19 September 2023 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 11 June 2024.



Announcement Info

Company Name ALIBABA-C35: CW ALIBABA GROUP HOLDING LIMITED (MACQ)
Stock Name ALIBABA-C35
Date Announced 11 Jun 2024
Category General Announcement for PLC
Reference Number GA1-11062024-00060


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