EIB-WA

0.005

(%)

Listing Information & Profile

Profile for Securities of PLC

ECOSCIENCE INTERNATIONAL BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
FREE WARRANTS ISSUE OF 186,999,999 FREE WARRANTS ("WARRANT(S)") IN ECOSCIENCE INTERNATIONAL BERHAD ("ECOSCIENCE") ON THE BASIS OF 1 WARRANT FOR EVERY 2 EXISTING ORDINARY SHARES IN ECOSCIENCE HELD AT 5.00 P.M. ON 18 DECEMBER 2023 ("FREE WARRANTS ISSUE")
Listing Date 28 Dec 2023
Issue Date 21 Dec 2023
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 186,999,999
Maturity Mandatory
Maturity Date 20 Dec 2026
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.4100
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant entitles the warrant holders to subscribe for 1 new ordinary share in Ecoscience at the exercise price of RM0.41 per Warrant at any time during the exercise period (as indicated above) ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date, subject to the provisions of the deed poll constituting the Warrants dated 29 November 2023. Any Warrants which have not been exercised at the close of business of the expiry date will thereafter lapse and cease to be valid.

If the expiry date of the Warrants falls on a non-market day, then it shall be the market day immediately preceding the said non-market day.

This announcement is dated 27 December 2023.


Announcement Info

Company Name ECOSCIENCE INTERNATIONAL BERHAD
Stock Name EIB-WA
Date Announced 27 Dec 2023
Category Listing Information and Profile
Reference Number LIP-26122023-00001