CIMB-C1W

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STRUCTURED WARRANTS ANNOUNCEMENT : INITIAL OFFERING

CIMB-C1W: CW CIMB GROUP HOLDINGS BERHAD (AM)

Type Announcement
Subject STRUCTURED WARRANTS ANNOUNCEMENT
INITIAL OFFERING
Description
PROPOSED ISSUE OF UP TO 80,000,000 EUROPEAN STYLE NON-COLLATERALISED CASH-SETTLED CALL WARRANTS OVER ORDINARY SHARES OF CIMB GROUP HOLDINGS BERHAD ("CIMB") ("CIMB SHARES") WITH AN EXERCISE RATIO OF 10 CALL WARRANTS : 1 CIMB SHARE ("CIMB-C1W")

With reference to the above, AmBank is pleased to announce the proposed issue by AmBank of up to 80,000,000 European style non-collateralised cash-settled call warrants over ordinary shares of CIMB, to be listed on the Structured Warrants Board of Bursa Malaysia Securities Berhad.

CIMB-C1W is constituted by the Deed Poll dated 06 November 2024 executed by us, as supplemented from time to time. The CIMB-C1W is subject to the terms and conditions of the Base Prospectus dated 15 November 2024 and the Term Sheet for the CIMB-C1W dated 26 November 2024.

A summary of the principal terms of the CIMB-C1W is set out in Table 1.


This announcement is dated 26 November 2024. 




Please refer attachment below.



Announcement Info

Company Name CIMB-C1W: CW CIMB GROUP HOLDINGS BERHAD (AM)
Stock Name CIMB-C1W
Date Announced 26 Nov 2024
Category General Announcement for PLC
Reference Number GA1-22112024-00029