Adjustment

[ANCOMNY-WB] Adjustment on 20-May-2022

Announcement Date: 20-May-2022
Related Stock:
ANCOMNY
ANCOM NYLEX BERHAD
Share Registrar:
ANCOMNY
ANCOM NYLEX BERHAD

FY: 31-May-2023

Amount

3.0000 : 1.0000

  • Ex Date
    02-Jun-2022
  • Entitlement Date
    03-Jun-2022


Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2020/2025 IN ANCOM NYLEX BERHAD (FORMERLY KNOWN AS ANCOM BERHAD) ("ANB" OR THE "COMPANY") ("WARRANTS B") IN ACCORDANCE WITH THE PROVISIONS OF THE DEED POLL DATED 21 AUGUST 2020 ("DEED POLL") PURSUANT TO THE SUBDIVISION OF EVERY 1 EXISTING ORDINARY SHARE IN ANB ("ANB SHARE") HELD BY SHAREHOLDERS OF THE COMPANY, WHOSE NAMES APPEAR IN THE RECORD OF DEPOSITORS OF THE COMPANY AS AT 5.00 P.M. ON 3 JUNE 2022 ("ENTITLEMENT DATE"), INTO 3 ANB SHARES ("SUBDIVIDED SHARES") ("SHARE SPLIT")

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:

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