Stock Name: PMETAL
Amount/Ratio: 1 : 1
Announcement Date: 27/10/2014
Ex Date: 06/11/2014
|Company Name||PRESS METAL BERHAD|
|Date Announced||27 Oct 2014|
|Category||Entitlements (Notice of Book Closure)|
|The Bonus Issue entails an issuance of up to 584,814,692 Bonus Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every existing Share held by the entitled shareholders on the Entitlement Date. The actual number of Bonus Shares to be issued pursuant to the Bonus Issue will depend on the issued and paid-up share capital of the Company as at the Entitlement Date.|
The Bonus Shares shall be listed and quoted simultaneously with the additional Warrants 2011/2019 of the Company (“Warrants C”) to be issued in consequence of adjustment pursuant to the Bonus Issue on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 11 November 2014, being the next market day following the Entitlement Date.
The notice of allotment of the Bonus Shares will be issued and despatched to the entitled shareholders within four (4) market days after the listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.
The holders of the Warrants C must exercise their respective outstanding Warrants C and lodge their duly completed and signed exercise form together with the exercise monies with the share registrar of the Company, Tricor Investor Services Sdn Bhd (“Share Registrar”), by 5.00 p.m. on 29 October 2014 in order to be entitled to the Bonus Shares.
The holders of the 8-year 6% redeemable convertible secured loan stocks 2011/2019 of PMB (“RCSLS”) must convert their respective outstanding RCSLS and lodge their duly completed and signed conversion notice with the Share Registrar by 3.00 p.m. on 29 October 2014 in order to be entitled to the Bonus Shares.
This Announcement is dated 27 October 2014.