Adjustment

[PIE-CI] Adjustment on 17-May-2023

Announcement Date: 17-May-2023
Related Stock:
PIE
P.I.E. INDUSTRIAL BHD
Share Registrar:
PIE
P.I.E. INDUSTRIAL BHD
Amount

0.0000 : 0.0000

  • Ex Date
    29-May-2023
  • Entitlement Date
    30-May-2023
Description
ADJUSTMENTS TO THE TERMS AND CONDITIONS OF EUROPEAN STYLE NON-COLLATERALISED CASH SETTLED CALL WARRANTS EXPIRING ON 29 DECEMBER 2023 OVER ORDINARY SHARES ("SHARES") OF P.I.E. INDUSTRIAL BERHAD ("PIE") ("PIE-CI") PURSUANT TO A SPECIAL SINGLE TIER INTERIM DIVIDEND OF 2 SEN PER ORDINARY SHARE ("SPECIAL DIVIDEND").

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:

Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment