STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
| MYEG-C3T: CW MY E.G. SERVICES BERHAD (MACQ) |
| Type | Announcement |
| Subject | STRUCTURED WARRANTS ANNOUNCEMENT ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS |
| Description | ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALIZED CASH SETTLED CALL WARRANTS EXPIRING ON 18 AUGUST 2023 OVER ORDINARY SHARES("SHARES")OF MY E.G. SERVICES BERHAD("MYEG")("MYEG-C3T") PURSUANT TO A DISTRIBUTION OF 69,750,000 ORDINARY SHARES IN AGMO HOLDINGS BERHAD("AGMO"), REPRESENTING MYEG'S 21.5% EQUITY INTEREST IN AGMO, HELD THROUGH MY E.G. CAPITAL SDN BHD, TO THE ENTITLED SHAREHOLDERS OF MYEG ("ENTITLED SHAREHOLDERS") BY WAY OF DIVIDEND-IN-SPECIE("DIVIDEND-IN-SPECIE") |
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We refer to the announcements by MYEG dated 19 January 2023 and our announcements dated 25 January 2023 pertaining to the Dividend-In-Specie.
In accordance with Condition 6 of the Deed Poll dated 26 September 2022, 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 16 February 2023. |
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Announcement Info
| Company Name | MYEG-C3T: CW MY E.G. SERVICES BERHAD (MACQ) |
| Stock Name | MYEG-C3T |
| Date Announced | 16 Feb 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-16022023-00106 |