Bursa Announcements
News
New Issue Of Securities (Chapter 6 of Listing Requirements) : Other Issue Of Securities
Jul 22, 2022
Type
Announcement
Subject
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
OTHER ISSUE OF SECURITIES
Description
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY")
GAMUDA'S EXISTING DIVIDEND REINVESTMENT PLAN ("DRP") THAT ALLOWS THE SHAREHOLDERS OF GAMUDA TO REINVEST THE ELECTABLE PORTION OF THEIR SECOND INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 JULY 2022 INTO NEW ORDINARY SHARES IN GAMUDA ("GAMUDA SHARES") ("DRP APPLICATION")
We refer to the Company's announcements dated 29 June 2022, 18 July 2022 and 20 July 2022 in relation to the DRP Application. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, RHB Investment Bank Berhad ("RHB Investment Bank") wishes to announce that the issue price of the new Gamuda Shares to be issued pursuant to the DRP Application has been fixed today ("Price-Fixing Date") at RM3.22 per new Gamuda Share. The issue price is based on the 5-day volume weighted average market price ("VWAP") of RM3.6283 per Gamuda Share up to and including 21 July 2022, being the last trading day prior to the Price-Fixing Date for the issue price of new Gamuda Shares after adjusting for the following:
i) a dividend adjustment of RM0.06 to the 5-day VWAP ("Ex-Dividend VWAP"); and
ii) a discount of RM0.348 which is approximately 9.76% discount to the Ex-Dividend VWAP of RM3.5683.
For shareholders’ information, the book closure date for the FYE 2022 Second Interim Dividend and the DRP Application has been fixed on 5 August 2022.
A copy of the DRP Statement and Notice of Election (including the Dividend Reinvestment Form) will be despatched to all the entitled shareholders of Gamuda (save for foreign-addressed shareholders of Gamuda) on 9 August 2022. The election period for the DRP Application will close on 23 August 2022.
The expected date for the allotment and issuance of new Gamuda Shares as well as payment of cash dividend to the entitled shareholders is on 2 September 2022.
Barring any unforeseen circumstances, the new Gamuda Shares arising from the DRP Application will be listed on the Main Market of Bursa Securities on 5 September 2022.
This announcement is dated 22 July 2022.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
22 Jul 2022
Category
General Announcement for PLC
Reference Number
GA1-22072022-00016
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) OTHER ISSUE OF SECURITIES |
| Description |
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY") GAMUDA'S EXISTING DIVIDEND REINVESTMENT PLAN ("DRP") THAT ALLOWS THE SHAREHOLDERS OF GAMUDA TO REINVEST THE ELECTABLE PORTION OF THEIR SECOND INTERIM DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDING 31 JULY 2022 INTO NEW ORDINARY SHARES IN GAMUDA ("GAMUDA SHARES") ("DRP APPLICATION") |
|
We refer to the Company's announcements dated 29 June 2022, 18 July 2022 and 20 July 2022 in relation to the DRP Application. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, RHB Investment Bank Berhad ("RHB Investment Bank") wishes to announce that the issue price of the new Gamuda Shares to be issued pursuant to the DRP Application has been fixed today ("Price-Fixing Date") at RM3.22 per new Gamuda Share. The issue price is based on the 5-day volume weighted average market price ("VWAP") of RM3.6283 per Gamuda Share up to and including 21 July 2022, being the last trading day prior to the Price-Fixing Date for the issue price of new Gamuda Shares after adjusting for the following:
i) a dividend adjustment of RM0.06 to the 5-day VWAP ("Ex-Dividend VWAP"); and
ii) a discount of RM0.348 which is approximately 9.76% discount to the Ex-Dividend VWAP of RM3.5683.
For shareholders’ information, the book closure date for the FYE 2022 Second Interim Dividend and the DRP Application has been fixed on 5 August 2022.
A copy of the DRP Statement and Notice of Election (including the Dividend Reinvestment Form) will be despatched to all the entitled shareholders of Gamuda (save for foreign-addressed shareholders of Gamuda) on 9 August 2022. The election period for the DRP Application will close on 23 August 2022.
The expected date for the allotment and issuance of new Gamuda Shares as well as payment of cash dividend to the entitled shareholders is on 2 September 2022.
Barring any unforeseen circumstances, the new Gamuda Shares arising from the DRP Application will be listed on the Main Market of Bursa Securities on 5 September 2022.
This announcement is dated 22 July 2022. |
|
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 22 Jul 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22072022-00016 |