ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF TIME DOTCOM BERHAD ("TIMECOM") ("TIMECOM-C9") PURSUANT TO THE SPECIAL INTERIM TAX EXEMPT (SINGLE TIER) DIVIDEND OF 5.41 SEN PER ORDINARY SHARE FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2026 ("SPECIAL DIVIDEND")
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Adjustment" as from: 11 Sep 2026
2) The last date of lodgment : 14 Sep 2026
Remarks :
We refer to TIMECOM's announcement dated 27 August 2026 pursuant to the special interim tax exempt (single tier) dividend of 5.41 sen per ordinary share for the financial year ending 31 December 2026 ("Special Dividend"). In accordance with the Third Schedule of the Deed Poll dated 14 May 2026, the terms and conditions of TIMECOM-C9 will be adjusted accordingly as follow:
1. Adjusted Exercise Ratio = E x [(P - D) / P]
2. Adjusted Exercise Price = X x [(P - D) / P]
whereby:
D = RM0.0541, being the Special Dividend per one TIMECOM Share held.
P = Closing price of TIMECOM on the last market day on which TIMECOM is traded on cum-entitlement basis.
E : 7, being the existing Exercise Ratio of TIMECOM-C9 immediately prior to the Special Dividend
X : RM6.88, being the existing Exercise Price of TIMECOM-C9 immediately prior to the Special Dividend.
Please note the Exercise Price and Exercise Ratio shall only be adjusted if the adjustment would result in greater than or equal to two percent (2%) of the Exercise Price and Exercise Ratio being changed. For avoidance of doubt, reference should be made to the Base Prospectus dated 26 May 2026 and the terms and conditions therein shall prevail.