TOPGLOV-C1L

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STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

TOPGLOV-C1L: CW TOP GLOVE CORPORATION BHD (MACQ)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 8 OCTOBER 2021 OVER ORDINARY SHARES ("SHARES") OF TOP GLOVE CORPORATION BERHAD ("TOPGLOV") ("TOPGLOV-C1L") PURSUANT TO A SINGLE TIER SPECIAL DIVIDEND OF 1.6 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

We refer to the announcement by TOPGLOV dated 17 September 2021 and our announcement dated 21 September 2021 pertaining to the Special Dividend.

 

In accordance with Condition 6 of the Deed Poll dated 26 October 2020 the terms and conditions of the Structured Warrants shall not be adjusted as the adjustment amount is less than 2% of the Exercise Price or Exercise Ratio being changed.

 

This announcement is dated 30 September 2021.






Announcement Info

Company Name TOPGLOV-C1L: CW TOP GLOVE CORPORATION BHD (MACQ)
Stock Name TOPGLOV-C1L
Date Announced 30 Sep 2021
Category General Announcement for PLC
Reference Number GA1-30092021-00112