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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
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.