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BONUS ISSUE OF UP TO 67,500,000 WARRANTS IN THE COMPANY ("WARRANT(S)") ON THE BASIS OF ONE (1) WARRANT FOR EVERY FOUR (4) EXISTING ORDINARY SHARES IN OPTIMAX HELD BY ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 PM ON 28 DECEMBER 2021 ("BONUS ISSUE OF WARRANTS")
Each Warrant carries the entitlement to subscribe for 1 new Optimax Share subject to any adjustments in accordance with the terms and conditions of the deed poll dated 10 December 2021. The Warrants may be exercised at any time during the exercise period as indicated above (Exercise Period). Any Warrants which have not been exercised during the Exercise Period will lapse and cease to be valid for any purpose. If the maturity date of the Warrants falls on a non-market day, then it shall be deemed to fall on the market day preceding the said non-market day. This announcement is dated 5 January 2022.