JAG-WC

0.035

+0.015 (+75%)

Listing Information & Profile

Profile for Securities of PLC

JAG BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
JAG BERHAD ("JAG" OR "COMPANY")

BONUS ISSUE OF FREE WARRANTS IN THE COMPANY ("WARRANTS") ON THE BASIS OF 3 WARRANTS FOR EVERY 5 EXISTING SHARES IN THE COMPANY ("JAG SHARES" OR "SHARES") HELD BY THE ENTITLED SHAREHOLDERS WHOSE NAMES APPEAR IN THE COMPANY'S RECORD OF DEPOSITORS AS AT 5.00 P.M. ON 24 JUNE 2024
Listing Date 03 Jul 2024
Issue Date 24 Jun 2024
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 368,903,282
Maturity Mandatory
Maturity Date 23 Jun 2029
Revised Maturity Date
Name of Guarantor Not Applicable
Name of Trustee Not Applicable
Coupon/Profit/Interest/Payment Rate Not Applicable
Coupon/Profit/Interest/Payment Frequency Not Applicable
Redemption Not Applicable
Exercise/Conversion Period 5.00   Year(s)
Revised Exercise/Conversion Period Not Applicable
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.2900
Revised Exercise/Strike/Conversion Price Not Applicable
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio Not Applicable
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant carries the entitlement to subscribe for 1 new JAG Share at the exercise price (as set out above) at any time during the exercise period (as set out above) ("Exercise Period"), subject to any adjustment(s) in accordance with the provisions of the deed poll constituting the Warrants dated 6 June 2024. Any Warrant not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.

If the expiry/maturity date of the Warrants is not a market day, then it shall be the market day immediately preceding the said non-market day.

This announcement is dated 2 July 2024.


Announcement Info

Company Name JAG BERHAD
Stock Name JAG-WC
Date Announced 02 Jul 2024
Category Listing Information and Profile
Reference Number LIP-27062024-00015