Adjustment

[YINSON-C16] Adjustment on 17-May-2022

Announcement Date: 17-May-2022
Related Stock:
YINSON
YINSON HOLDINGS BHD
Share Registrar:
YINSON
YINSON HOLDINGS BHD

Amount

:

  • Ex Date
    26-May-2022
  • Entitlement Date
    27-May-2022


Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NONCOLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF YINSON HOLDINGS BERHAD ("YINSON") ("YINSON SHARE(S)") ("YINSON-C16") PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 858,365,418 NEW YINSON SHARES ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM1.41 PER RIGHTS SHARE ON THE BASIS OF 2 RIGHTS SHARES FOR EVERY 5 EXISTING YINSON SHARES HELD AS AT 5.00 P.M. ON 27 MAY 2022 ("RIGHTS ISSUE")

How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on ex-Date.

On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.

How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar:

Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment