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Amended Announcements Please refer to the earlier announcement reference number: LIP-15122021-00005
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2021/2024 IN MPIRE GLOBAL BERHAD ("MPIRE" OR "COMPANY") AS CONSTITUTED BY THE DEED POLL DATED 22 NOVEMBER 2021 ("DEED POLL B") ("WARRANTS B") PURSUANT TO THE CONSOLIDATION OF EVERY 2 EXISTING ORDINARY SHARES IN MPIRE ("SHARE(S)") HELD AS AT 5.00 P.M. ON 11 NOVEMBER 2024 ("ENTITLEMENT DATE") INTO 1 SHARE ("CONSOLIDATED SHARE(S)") ("SHARE CONSOLIDATION")
Pursuant to the adjustments to the exercise price and number of outstanding Warrants B arising from the Share Consolidation ("Adjustments"): (i) the existing number of 97,914,499 outstanding Warrants B as at the Entitlement Date will be adjusted into 48,957,245 Warrants B (after disregarding the fractional entitlements arising from the Adjustments), which will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad on 12 November 2024, being the next market day following the Entitlement Date; and (ii) the exercise price of the Warrant B of RM0.475 each will be revised to RM0.950 each. Further, in accordance with the provisions of the Deed Poll B, the Adjustments will take effect from 5.00 p.m. on Monday, 11 November 2024, being the close of business on the market day immediately preceding the date on which the Share Consolidation becomes effective. The notice setting out the details of the Adjustments will be issued and despatched to entitled Warrants B holders in due course. This announcement is dated 11 November 2024.