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ISSUANCE OF FREE DETACHABLE WARRANTS IN HLT GLOBAL BERHAD ("HLT") ("WARRANTS B") TO THE ENTITLED SHAREHOLDERS OF HLT PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF 415,993,381 NEW ORDINARY SHARES IN HLT ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF ONE (1) RIGHTS SHARE FOR EVERY TWO (2) EXISTING ORDINARY SHARES IN HLT ("SHARES") HELD AS AT 5:00 P.M. ON MONDAY, 19 MAY 2025, TOGETHER WITH 415,993,381 WARRANTS B ON THE BASIS OF ONE (1) WARRANT B FOR EVERY ONE (1) RIGHTS SHARE SUBSCRIBED FOR
Each Warrant B shall entitle its holder to subscribe for 1 new Share at the exercise price (as set out above) at any time during the exercise period (as set out above) ("Exercise Period") subject to the adjustments and conditions in accordance with the provisions of the deed poll dated 21 April 2025 constituting the Warrants B. Any Warrant B not exercised during the Exercise Period will thereafter lapse and cease to be valid. If the maturity date of the Warrants B falls on a non-market day, then it will fall on the immediate preceding market day. This announcement is dated 19 June 2025.