24/07/2015 – Profile for Securities of PLC (Amended Announcement)
Amended Announcements
Please refer to the earlier announcement reference number: OI-110811-67199
| Instrument Category | Securities of PLC |
| Instrument Type | Warrants |
| Description |
Additional Warrants issued pursuant to the bonus issue exercise |
| Listing Date | 15 Aug 2011 |
| Issue Date | 10 Aug 2011 |
| Issue/ Ask Price | Not Applicable |
| Issue Size Indicator | Unit |
| Issue Size in Unit | 150,498,000 |
| Maturity | Mandatory |
| Maturity Date | 09 Aug 2016 |
| Revised Maturity Date | |
| Name of Guarantor | |
| Name of Trustee | |
| Coupon/Profit/Interest/Payment Rate | |
| Coupon/Profit/Interest/Payment Frequency | |
| Redemption | |
| Exercise/Conversion Period | 5.00 Year(s) |
| Revised Exercise/Conversion Period | |
| Exercise/Strike/Conversion Price | Malaysian Ringgit (MYR) 0.4900 |
| Revised Exercise/Strike/Conversion Price | Malaysian Ringgit (MYR) 0.3200 |
| Exercise/Conversion Ratio | 1:1 |
| Revised Exercise/Conversion Ratio | |
| Mode of satisfaction of Exercise/ Conversion price | Cash |
| Settlement Type/ Convertible into |
Physical (Shares) |
| Remarks : |
Pursuant to the bonus issue exercise undertaken by the Company, details of which are set out in the announcement dated 2 April 2015, the exercise price of the warrants 2011/ 2016 in the Company ("Warrants ") will be revised from RM0.49 to RM0.32 while an additional 50,166,000 Warrants will be listed and quoted on 27 July 2015.
The adjustment to the exercise price of the Warrants will take effect from 9.00 a.m. on 27 July 2015, being the next market day following the entitlement date for the bonus issue of shares on 24 July 2015, in accordance with the deed poll dated 25 July 2011 constituting the Warrants.
The Notice to Warrant holders containing details of the adjustments to the exercise price and number of outstanding Warrants will be despatched to the holders of the Warrants in due course.
This announcement is dated 24 July 2015.
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