Stock Name: HARTA-CB
Company Name: HARTA-CB:CW HARTALEGA HLD (O)
Amount/Ratio: 0 : 0
Announcement Date: 20/08/2010
Ex Date: 02/09/2010
Detail:
EX-date: 02/09/2010
Entitlement date: 06/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF HARTALEGA HOLDINGS BERHAD ("HARTA") ("HARTA-CB") PURSUANT TO THE BONUS ISSUE OF 121,156,000 NEW ORDINARY SHARES OF RM0.50 EACH IN HARTA ("HARTA SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING HARTA SHARES AS AT 5.00 P.M. ON 6 SEPTEMBER 2010 ("BONUS ISSUE")
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: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47300 Petaling Jaya, Selangor
Tel. no.: (03) 7481 8000
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 06/09/2010
Entitlement indicator: Ratio
Ratio: 0 : 0
Remarks: In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Exercise Price and Entitlement of the HARTA-CB will be adjusted for the Bonus Issue in accordance with the following formula:
1. Adjusted Entitlement = (1 + N) x E
= (1 + 0.5) x 0.10
= 0.15 (equivalent to entitlement of 6.67 HARTA-CB per HARTA Share)
2. Adjusted Exercise Price = [1 / (1 + N)] x K
= [1 / (1 + 0.5)] x RM6.90
= RM4.60
Where
E: 0.10, being the existing Entitlement immediately prior to the Bonus Issue (equivalent to entitlement of 10 HARTA-CB per HARTA Share)
N: 0.5, being the number of additional shares (whether a whole or a fraction) received by a holder of existing shares for each share held prior to the Bonus Issue
K: RM6.90, being the existing Exercise Price of HARTA-CB immediately prior to the Bonus Issue
The actual adjustments to the Exercise Price and Entitlement of the HARTA-CB shall take place on 2 September 2010 ("Ex-Date"), which is the first day of dealings in the HARTA on an ex-bonus basis.
This announcement is dated 20 August 2010.
Company Name: HARTA-CB:CW HARTALEGA HLD (O)
Amount/Ratio: 0 : 0
Announcement Date: 20/08/2010
Ex Date: 02/09/2010
Detail:
EX-date: 02/09/2010
Entitlement date: 06/09/2010
Entitlement time: 05:00:00 PM
Entitlement subject: Bonus Issue
Entitlement description: ADJUSTMENTS TO THE TERMS AND CONDITIONS OF THE NON-COLLATERALISED CASH SETTLED EUROPEAN-STYLE CALL WARRANTS OVER ORDINARY SHARES OF HARTALEGA HOLDINGS BERHAD ("HARTA") ("HARTA-CB") PURSUANT TO THE BONUS ISSUE OF 121,156,000 NEW ORDINARY SHARES OF RM0.50 EACH IN HARTA ("HARTA SHARE(S)") TO BE CREDITED AS FULLY PAID-UP ON THE BASIS OF ONE (1) BONUS SHARE FOR EVERY TWO (2) EXISTING HARTA SHARES AS AT 5.00 P.M. ON 6 SEPTEMBER 2010 ("BONUS ISSUE")
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: Symphony Share Registrars Sdn Bhd
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47300 Petaling Jaya, Selangor
Tel. no.: (03) 7481 8000
a. Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers: 06/09/2010
Entitlement indicator: Ratio
Ratio: 0 : 0
Remarks: In accordance with Condition B3.1 - Adjustment of Exercise Price and Entitlement to the Second Schedule of the Deed Poll dated 3 December 2009, the Exercise Price and Entitlement of the HARTA-CB will be adjusted for the Bonus Issue in accordance with the following formula:
1. Adjusted Entitlement = (1 + N) x E
= (1 + 0.5) x 0.10
= 0.15 (equivalent to entitlement of 6.67 HARTA-CB per HARTA Share)
2. Adjusted Exercise Price = [1 / (1 + N)] x K
= [1 / (1 + 0.5)] x RM6.90
= RM4.60
Where
E: 0.10, being the existing Entitlement immediately prior to the Bonus Issue (equivalent to entitlement of 10 HARTA-CB per HARTA Share)
N: 0.5, being the number of additional shares (whether a whole or a fraction) received by a holder of existing shares for each share held prior to the Bonus Issue
K: RM6.90, being the existing Exercise Price of HARTA-CB immediately prior to the Bonus Issue
The actual adjustments to the Exercise Price and Entitlement of the HARTA-CB shall take place on 2 September 2010 ("Ex-Date"), which is the first day of dealings in the HARTA on an ex-bonus basis.
This announcement is dated 20 August 2010.
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