Equity Listing - Ordinary Shares :: Allotment And Issue Of Shares Pursuant To Exercise Of Warrants

BackDec 03, 2018
Announcement Title Equity Listing - Ordinary Shares
Date & Time of Broadcast Dec 3, 2018 19:04
Status New
Announcement Sub Title Allotment and issue of shares pursuant to exercise of Warrants
Announcement Reference SG181203OTHRUTW4
Submitted By (Co./Ind. Name) Madan Mohan
Designation Company Secretary
Description(Please provide a detailed description of the announcement in the box below) The Board of Directors of mDR Limited (the "Company") wishes to announce that the issued share capital of the Company has increased from 47,682,851,109 ordinary shares to 48,277,977,099 ordinary shares by way of allotment and issuance of total 595,125,990 new ordinary shares on 3 December 2018 comprising:

(i) 589,125,990 new ordinary shares pursuant to the exercise of 589,125,990 Tranche 1 Warrants (W181217) at the exercise price of S$0.0010 for each new ordinary share; and

(ii) 6,000,000 new ordinary shares pursuant to the exercise of 6,000,000 Tranche 2 Warrants (W191217) at the exercise price of S$0.0011 for each new ordinary share.

The aforesaid new ordinary shares rank pari passu in all respects with the existing issued ordinary shares in the capital of the Company, and are expected to be listed and quoted on the Singapore Exchange Securities Trading Limited with effect from 5 December 2018.

The total outstanding Tranche 1 Warrants (W181217) remaining after the aforesaid exercise is 30,600,584,921.

The total outstanding Tranche 2 Warrants (W191217) remaining after the aforesaid exercise is 49,691,567,677.
Listing Details
Form of Issue Registered
Primary Listing No
Country of Primary Listing Singapore
Issue Date 03/12/2018
Listing Date 05/12/2018 09:00:00
Issue Currency Singapore Dollar
Trading Currency Singapore Dollar
Asset Class Ordinary Shares
Agent Details
Registrar Boardroom Corporate & Advisory Services Pte. Ltd.
Name of Lead Manager (s)/ Bookrunner(s)
NameDescription

Attachments

  1. Attachment 1 (Size: 27,580 bytes)