Stock Name: BRKB-C1
Company Name: BRKB-C1:CW ZS BRKSHRE HTWY(AM)
Amount/Ratio: 50 : 1
Announcement Date: 20/01/2010
Ex Date: 22/01/2010
Detail:
EX-date: 22/01/2010
Entitlement date: 26/01/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Others
Entitlement description: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE CASH-SETTLED ZERO STRIKE CALL WARRANTS OVER CLASS B ORDINARY SHARES OF BERKSHIRE HATHAWAY INC ("BERKSHIRE") ("BRKB-C1") PURSUANT TO THE SHARE SPLIT ON THE BASIS OF FIFTY (50) BERKSHIRE CLASS B SHARES FOR EVERY ONE (1) EXISTING BERKSHIRE CLASS B SHARE (“SHARE SPLIT”)
Period of interest payment: to
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd (118401-V)
(Formerly known as Tenaga Koperat Sdn Bhd)
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur, Malaysia
Telephone No: 03-2264 3883
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 26/01/2010
Entitlement indicator: Ratio
Ratio: 50 : 1
Remarks: The terms and conditions of the BRKB-C1 shall be adjusted accordingly.
The Ex-date and entitlement date for the Share Split will be 22 January 2010 and 26 January 2010 respectively. We will announce the adjustment to the Exercise Ratio for the BRKB-C1 after 5.00 pm on 21 January 2010, being the last trading day on which BRKB-C1 are traded on a before adjustment basis. The adjusted Exercise Ratio for the BRKB-C1 will take effect at 9.00 am on 22 January 2010, being the first trading day on which the BRKB-C1 are traded on an after adjustment basis.
The terms and conditions of the BRKB-C1 shall be correspondingly adjusted based on the formula as set below:
Exercise Ratio
The exercise ratio for the BRKB-C1 will be adjusted as determined by the following formula:
Adjusted Exercise Ratio = 1 / M x E
where,
M = 50/1, being the number of new BERKSHIRE Class B shares per existing BERKSHIRE Class B share
E = Existing Exercise Ratio insofar as it relates to BERKSHIRE immediately prior to the Share Split. For avoidance of doubt, the existing exercise ratio for BRKB-C1 is 11,148.29 warrants to 1 BERKSHIRE Class B share.
Company Name: BRKB-C1:CW ZS BRKSHRE HTWY(AM)
Amount/Ratio: 50 : 1
Announcement Date: 20/01/2010
Ex Date: 22/01/2010
Detail:
EX-date: 22/01/2010
Entitlement date: 26/01/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Others
Entitlement description: ADJUSTMENT TO THE TERMS AND CONDITIONS OF THE EUROPEAN STYLE CASH-SETTLED ZERO STRIKE CALL WARRANTS OVER CLASS B ORDINARY SHARES OF BERKSHIRE HATHAWAY INC ("BERKSHIRE") ("BRKB-C1") PURSUANT TO THE SHARE SPLIT ON THE BASIS OF FIFTY (50) BERKSHIRE CLASS B SHARES FOR EVERY ONE (1) EXISTING BERKSHIRE CLASS B SHARE (“SHARE SPLIT”)
Period of interest payment: to
Share transfer book & register of members will be: to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no: Tricor Investor Services Sdn Bhd (118401-V)
(Formerly known as Tenaga Koperat Sdn Bhd)
Level 17, The Gardens North Tower
Mid Valley City, Lingkaran Syed Putra
59200 Kuala Lumpur, Malaysia
Telephone No: 03-2264 3883
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 26/01/2010
Entitlement indicator: Ratio
Ratio: 50 : 1
Remarks: The terms and conditions of the BRKB-C1 shall be adjusted accordingly.
The Ex-date and entitlement date for the Share Split will be 22 January 2010 and 26 January 2010 respectively. We will announce the adjustment to the Exercise Ratio for the BRKB-C1 after 5.00 pm on 21 January 2010, being the last trading day on which BRKB-C1 are traded on a before adjustment basis. The adjusted Exercise Ratio for the BRKB-C1 will take effect at 9.00 am on 22 January 2010, being the first trading day on which the BRKB-C1 are traded on an after adjustment basis.
The terms and conditions of the BRKB-C1 shall be correspondingly adjusted based on the formula as set below:
Exercise Ratio
The exercise ratio for the BRKB-C1 will be adjusted as determined by the following formula:
Adjusted Exercise Ratio = 1 / M x E
where,
M = 50/1, being the number of new BERKSHIRE Class B shares per existing BERKSHIRE Class B share
E = Existing Exercise Ratio insofar as it relates to BERKSHIRE immediately prior to the Share Split. For avoidance of doubt, the existing exercise ratio for BRKB-C1 is 11,148.29 warrants to 1 BERKSHIRE Class B share.
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