Contact us
Issuance of free detachable warrants in Sapura Energy Berhad ("SEB") ("Warrants") pursuant to the rights issue of SEB shares with Warrants
(Unless otherwise stated, all abbreviations used in this Announcement shall have the same meaning as those defined in the SEB's abridged prospectus dated 31 December 2018 in relation to, among others, the rights issue of SEB Shares with Warrants) Each Warrant carries the entitlement to subscribe for one (1) new SEB Share at the exercise price of RM0.49, and exercisable at any time within a period of seven (7) years commencing from and including the Issue Date and ending at 5.00 p.m. on the Maturity Date ("Exercise Period"), subject to adjustments in accordance with the provisions of the deed poll dated 6 December 2018 constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid. This announcement is dated 28 January 2019. Distribution of this Announcement into jurisdictions other than Malaysia may be restricted by law. Persons who come into possession of this Announcement should inform themselves of and observe any such restrictions. This Announcement is for information purposes only and shall not constitute an offer to sell or solicitation of an offer to buy any securities, nor shall there be any offer or sale of securities in any jurisdiction in which such offer or sale would be unlawful. The securities referred to herein have not been, and will not be, registered under the U.S. Securities Act or the laws of any state or other jurisdiction of the US and may not be offered, sold, resold, pledged, transferred or delivered, directly or indirectly, within the US, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable US state securities laws. The securities referred to herein are only being offered and sold outside the US in offshore transactions in reliance on Regulation S under the U.S. Securities Act.