Adjustment
| NATGATE-CF: CW NATIONGATE HOLDINGS BERHAD (RHB) |
| Entitlement subject | Adjustment |
| Entitlement description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED EUROPEAN-STYLE CASH SETTLED CALL WARRANTS OVER ORDINARY SHARES OF NATIONGATE HOLDINGS BERHAD ("NATGATE") ("NATGATE-CF") PURSUANT TO A SPECIAL SINGLE TIER DIVIDEND OF 1.0 SEN PER SHARE IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 ("SPECIAL DIVIDEND") |
| EX-date | 04 Apr 2025 |
| Entitlement date | 07 Apr 2025 |
| Entitlement time | |
| 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 | 07 Apr 2025 |
| 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 |
BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat) Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:0378904700 Fax:0378904670 |
| Remarks : |
In accordance with Condition 2, Part 1 of the Deed Poll dated 11 October 2023 - Adjustment of Exercise Price, Underlying Index, Exercise Level and/or Exercise Ratio, the Exercise Ratio and Exercise Price of NATGATE-CF shall be adjusted in accordance with the following formula: Adjustment pursuant to Special Dividend 1. Adjusted Exercise Ratio = E x (P - D) / P 2. Adjusted Exercise Price = X x (P - D) / P Whereby in respect of this Condition 2.1.1(d)(i) and (ii): P: Closing price of NATGATE on the last market day on which NATGATE is traded on a cum-entitlement basis. D: RM0.0100, being the Special Dividend per NATGATE share X: RM2.2500, being the existing Exercise Price immediately prior to the Special Dividend E: 4.0000, being the existing Exercise Ratio immediately prior to the Special Dividend No adjustments will be made to the Exercise Ratio and/or Exercise Price of NATGATE-CF if such adjustments would amount to less than two percent (2%) of the Exercise Ratio and/or Exercise Price being changed. For avoidance of doubt, reference should be made to the Base Prospectus 2023 dated 20 October 2023, the First Supplementary Base Prospectus dated 19 December 2023, the Second Supplementary Base Prospectus dated 26 February 2024, the Third Supplementary Base Prospectus dated 29 March 2024, the Fourth Supplementary Base Prospectus dated 21 May 2024, the Fifth Supplementary Base Prospectus dated 17 July 2024, the Sixth Supplementary Base Prospectus dated 29 August 2024 and the terms and conditions therein shall prevail. RHBIB, as the issuer of NATGATE-CF, will make further announcements should there be any updates in due course. This announcement is dated 20 March 2025. |
Announcement Info
| Company Name | NATGATE-CF: CW NATIONGATE HOLDINGS BERHAD (RHB) |
| Stock Name | NATGATE-CF |
| Date Announced | 20 Mar 2025 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-20032025-00002 |