STRUCTURED WARRANTS ANNOUNCEMENT : ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS

Company Name PCHEM-C65: CW PETRONAS CHEMICALS GROUP BERHAD (MACQ)
Stock Name PCHEM-C65
Date Announced 06 Dec 2021
Category General Announcement for PLC
Reference Number GA1-06122021-00061

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
ADJUSTMENT TO TERMS OF STRUCTURED WARRANTS
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 10 DECEMBER 2021 OVER ORDINARY SHARES ("SHARES") OF PETRONAS CHEMICALS GROUP BERHAD ("PCHEM") ("PCHEM-C65") PURSUANT TO A SPECIAL DIVIDEND OF 10 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

We refer to the announcement by PCHEM dated 22 November 2021 and our announcement dated 24 November 2021 pertaining to the Special Dividend.

 

In accordance with Condition 6 of the Deed Poll dated 26 October 2020 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 6 December 2021.






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