Adjustment

[SOP-CJ] Adjustment on 05-Jul-2022

Announcement Date: 05-Jul-2022
Related Stock:
SOP
SARAWAK OIL PALMS BHD
Share Registrar:
SOP
SARAWAK OIL PALMS BHD

Amount

:

  • Ex Date
    15-Jul-2022
  • Entitlement Date
    18-Jul-2022


Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NONCOLLATERALISED CASH SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF SARAWAK OIL PALMS BERHAD ("SOP") ("SOP SHARE(S)") ("SOP-CJ") PURSUANT TO THE BONUS ISSUE OF UP TO 303,136,773 NEW SOP SHARES ("BONUS SHARES') ON THE BASIS OF 1 BONUS SHARE FOR EVERY 2 EXISTING SOP SHARES HELD AS AT 5.00 P.M. ON 18 JULY 2022 ("ENTITLEMENT DATE")

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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