NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : BONUS ISSUES EDELTEQ HOLDINGS BERHAD ("EDELTEQ" OR THE "COMPANY") BONUS ISSUE OF WARRANTS
| EDELTEQ HOLDINGS BERHAD |
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES |
| Description | EDELTEQ HOLDINGS BERHAD ("EDELTEQ" OR THE "COMPANY")
BONUS ISSUE OF WARRANTS |
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Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements in relation to the Bonus Issue of Warrants. We refer to the earlier announcements dated 10 December 2025, 16 December 2025, 23 December 2025 and 12 January 2026 in relation to the Bonus Issue of Warrants. On behalf of the Board, UOBKH wishes to announce that the Board had on 24 February 2026 ("Price-Fixing Date") resolved to fix the exercise price of the Warrants at RM0.35 per Warrant ("Exercise Price"). The Exercise Price was determined and fixed by the Board after taking into consideration, amongst others, the following:- i. the historical price movement of Edelteq Shares; ii. the 5-day VWAP of Edelteq Shares immediately preceding the Price-Fixing Date and the Board's intention to fix the Exercise Price at a discount of not more than 20% to the 5-day VWAP of Edelteq Shares; iii. the Warrants are exercisable at any time during the tenure of the Warrants of 5 years from the date of issuance, which may provide Edelteq's shareholders with an alternative to participate in the equity of the Company and potentially realise a capital gain in the event of any share price appreciation; and iv. the Warrants will be issued at no cost. The Exercise Price represents a discount of 18.96% to the 5-day VWAP of Edelteq Shares immediately preceding the Price-Fixing Date of RM0.4319 per Edelteq Share. On behalf of the Board, UOBKH wishes to announce that the Board, had on 24 February 2026, executed the deed poll constituting the Warrants to be issued pursuant to the Bonus Issue of Warrants.
This announcement is dated 24 February 2026. |
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Announcement Info
| Company Name | EDELTEQ HOLDINGS BERHAD |
| Stock Name | EDELTEQ |
| Date Announced | 24 Feb 2026 |
| Category | General Announcement for PLC |
| Reference Number | GA1-24022026-00085 |