Adjustment

[PADINI-C14] Adjustment on 14-Jun-2023

Announcement Date: 31-May-2023
Related Stock:
PADINI
PADINI HOLDINGS BHD
Share Registrar:
PADINI
PADINI HOLDINGS BHD
Amount

0.0000 : 0.0000

  • Ex Date
    14-Jun-2023
  • Entitlement Date
    15-Jun-2023
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER THE ORDINARY SHARES OF PADINI HOLDINGS BERHAD ("PADINI") ("PADINI-C14") PURSUANT TO THE SPECIAL DIVIDEND OF 1.5 SEN PER SHARE (SINGLE TIER DIVIDEND) IN RESPECT OF THE FINANCIAL YEAR ENDING 30 JUNE 2023 ("SPECIAL DIVIDEND")

About PADINI HOLDINGS BHD
Padini Holdings Berhad is a Malaysia-based investment holding company. The Company offers garments, shoes and fashion accessories under a range of brands. The Company operates through five segments: Vincci Ladies' Specialties Centre Sdn. Bhd. (Vincci), Padini Corporation Sdn. Bhd. (Padini Corporation), Seed Corporation Sdn. Bhd. (Seed), Yee Fong Hung (Malaysia) Sendirian Berhad (Yee Fong Hung) and Mikihouse Children's Wear Sdn. Bhd. (Mikihouse). The Vincci segment offers brands, such as Tizio, Vincci and Vincci Accessories. The Padini Corporation segment offers brands, such as Padini, Padini Authentics and PDI. The Seed segment offers brands, such as Seed and Seed Cafe. The Yee Fong Hung segment offers brands, such as Brands Outlet and P&Co. The Mikihouse segment offers Miki Kids brand. It operates free-standing stores, consignment counters and franchise stores. It exports products to the United Arab Emirates, Oman, Syria, Qatar, Bahrain, Pakistan, Egypt, Morocco, Kuwait and Thailand.

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 or after the 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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