TENAGA-C2U

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

TENAGA-C2U: CW TENAGA NASIONAL 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 TENAGA NASIONAL BERHAD ("TENAGA") ("TENAGA SHARES") WITH AN EXERCISE RATIO OF 8 CALL WARRANTS : 1 TENAGA SHARE ("TENAGA-C2U")

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

TENAGA-C2U is constituted by the Deed Poll dated 06 November 2024 executed by us, as supplemented from time to time. The TENAGA-C2U is subject to the terms and conditions of the Base Prospectus dated 15 November 2024 and the Term Sheet for the TENAGA-C2U dated 12 December 2024.

A summary of the principal terms of the TENAGA-C2U is set out in Table 1.


This announcement is dated 12 December 2024. 


Please refer attachment below.

Attachments

Table 1 - Summary of the Principal Terms of TENAGA-C2U.pdf
65.8 kB


Announcement Info

Company Name TENAGA-C2U: CW TENAGA NASIONAL BERHAD (AM)
Stock Name TENAGA-C2U
Date Announced 12 Dec 2024
Category General Announcement for PLC
Reference Number GA1-10122024-00039


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