Adjustment

[SERSOL-WA] Adjustment on 17-Jun-2022

Announcement Date: 17-Jun-2022
Related Stock:
SERSOL
SERSOL BERHAD
Share Registrar:
SERSOL
SERSOL BERHAD

FY: 31-Dec-2022

Amount

7.0000 : 8.0000

  • Ex Date
    01-Jul-2022
  • Entitlement Date
    04-Jul-2022


Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2013/2023 IN SERSOL BERHAD ("SERSOL" OR THE "COMPANY") ("ADJUSTMENTS") CONSTITUTED BY THE DEED POLL DATED 15 MARCH 2013 ("DEED POLL") ("WARRANT(S) A") PURSUANT TO THE BONUS ISSUE OF UP TO 384,227,375 NEW ORDINARY SHARES IN SERSOL ("SERSOL SHARE(S)" OR "SHARE(S)") ("BONUS SHARE(S)") ON THE BASIS OF 7 BONUS SHARES FOR EVERY 8 EXISTING SERSOL SHARES HELD AT 5.00 P.M. ON 4 JULY 2022 ("ENTITLEMENT DATE") ("BONUS ISSUE OF SHARES")

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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