PBBANK-C1A

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

PBBANK-C1A: CW PUBLIC BANK BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF PUBLIC BANK BERHAD ("PBBANK") ("PBBANK SHARES") WITH AN EXERCISE RATIO OF 6 CALL WARRANTS : 1 PBBANK SHARE ("PBBANK-C1A")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of PBBANK, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

PBBANK-C1A is constituted by the Deed Poll dated 22 September 2023 executed by us, as supplemented from time to time. The PBBANK-C1A is subject to the terms and conditions of the Base Prospectus dated 29 September 2023, First Supplementary Base Prospectus dated 13 October 2023, Second Supplementary Base Prospectus dated 06 December 2023, Third Supplementary Base Prospectus dated 16 January 2024 and the Term Sheet for the PBBANK-C1A dated 22 January 2024.

A summary of the principal terms of the PBBANK-C1A is set out in Table 1.


This announcement is dated 22 January 2024. 




Please refer attachment below.



Announcement Info

Company Name PBBANK-C1A: CW PUBLIC BANK BERHAD (AM)
Stock Name PBBANK-C1A
Date Announced 22 Jan 2024
Category General Announcement for PLC
Reference Number GA1-18012024-00046