Adjustment

[PWROOT-CC] Adjustment on 01-Sep-2023

Announcement Date: 01-Sep-2023
Related Stock:
PWROOT
POWER ROOT BERHAD
Share Registrar:
PWROOT
POWER ROOT BERHAD
Amount

0.0000 : 0.0000

  • Ex Date
    14-Sep-2023
  • Entitlement Date
    15-Sep-2023
Description
ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED WARRANTS OVER ORDINARY SHARES OF POWER ROOT BERHAD ("PWROOT") ("PWROOT SHARES") ("PWROOT-CC") PURSUANT TO THE SPECIAL DIVIDEND OF 0.5 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:

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