PNEPCB
Bonus Issue
| PNE PCB BERHAD |
| Entitlement subject | Bonus Issue |
| Entitlement description | BONUS ISSUE OF FREE WARRANTS IN THE COMPANY ("WARRANTS B") ON THE BASIS OF 1 WARRANT B FOR EVERY 3 EXISTING ORDINARY SHARES IN PNE PCB BERHAD ("PNE" OR THE "COMPANY") HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 27 NOVEMBER 2020 ("ENTITLEMENT DATE") ("BONUS ISSUE OF WARRANTS") |
| Shareholder's Approval | No |
| Ex-Date | 26 Nov 2020 |
| Entitlement date | 27 Nov 2020 |
| Entitlement time | 5:00 PM |
| Financial Year End | 31 Mar 2021 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Securities Crediting Date | |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 27 Nov 2020 |
| 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 |
| Par Value (if applicable) | |
| Securities Entitlement | |
| Company Name |
PNE PCB BERHAD |
| Entitlement |
Warrants |
| Ratio (New : Existing) | 1.0000 : 3.0000 |
| Available/Listing Date | |
| Fractional Entitlement | |
| Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
| Remarks : |
The Warrants B will be credited into the central depository system accounts of the entitled shareholders of the Company ("Entitled Shareholders") and notices of allotment will be issued and despatched to the Entitled Shareholders at the address as per the Record of Depositors of the Company within 8 market days after the Entitlement Date.
The Warrants B will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") within 2 market days after the receipt of the quotation application by Bursa Securities.
Holders of PNE warrants 2019/2024 (''Warrants A'') who wish to be entitled to the Bonus Issue of Warrants must exercise their Warrants A into new Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar, ShareWorks Sdn Bhd, on or before 5.00 p.m. on 20 November 2020. This is to enable the new Shares arising from such exercise to be allotted to the respective holders of the Warrants A such that their names will appear on the Record of Depositors of the Company by 5.00 p.m. on 27 November 2020.
This announcement is dated 13 November 2020. |
Announcement Info
| Company Name | PNE PCB BERHAD |
| Stock Name | PNEPCB |
| Date Announced | 13 Nov 2020 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-13112020-00005 |
| Corporate Action ID | MY201113BONU0001 |