(Unless otherwise defined, defined terms used in this announcement shall carry the same meaning as defined in the announcements dated 11 May 2026, 20 May 2026, 9 June 2026 and 29 June 2026 and the circular dated 12 June 2026 in relation to the Bonus Issue of Warrants.)
On behalf of the Board, RHB Investment Bank wishes to announce that the Board had, on 30 June 2026 ("Price-Fixing Date"), resolved to fix the exercise price for the Warrants at RM0.175 per Warrant ("Exercise Price").
The Exercise Price was determined and fixed by the Board after taking into consideration, amongst others, the following:
(i) the historical price movement of Metro Shares;
(ii) the 5-day VWAP of Metro Shares immediately preceding the Price-Fixing Date of RM0.213 per Share;
(iii) prevailing market conditions; and
(iv) the long-term prospects of the financial performance and future growth of Metro.
The Exercise Price represents a discount of approximately 17.84% to the 5-day VWAP of Metro Shares immediately preceding the Price-Fixing Date of RM0.213 per Share.
Assuming all the Warrants are exercised into new Shares, the estimated proceeds to be raised is approximately RM42.83 million.
This announcement is dated 30 June 2026.