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FREE DETACHABLE WARRANTS IN OCR GROUP BERHAD ("OCR" OR THE "COMPANY") ("WARRANTS E") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,336,348,534 NEW ORDINARY SHARES IN THE COMPANY ("OCR SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.035 PER RIGHTS SHARE TOGETHER WITH UP TO 1,336,348,534 WARRANTS E ON THE BASIS OF 2 RIGHTS SHARES TOGETHER WITH 2 WARRANTS E FOR EVERY 3 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 5 SEPTEMBER 2024
Each Warrant E carries the entitlement to subscribe for 1 new OCR Share at the exercise price of RM0.035 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants E dated 16 August 2024. Any Warrant E not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled and treated to have been cancelled forthwith. If the maturity date of the Warrants E falls on a non-market day, then it will fall on the market day immediately preceding the said date. This announcement is dated 4 October 2024.