Equity Listing - Ordinary Shares::Allotment and issue of shares pursuant to exercise of Warrants

Issuer & Securities

Issuer/Manager
MDR LIMITED
Security Not Found
No
Security Name
MDR LIMITED
Security Short Name
MDR
ISIN
SG1N26909308
Stock Code
A27
Market to be Listed
MAINBOARD

Announcement Details

Announcement Title
Equity Listing - Ordinary Shares
Date &Time of Broadcast
21-Oct-2019 17:53:05
Status
New
Announcement Sub Title
Allotment and issue of shares pursuant to exercise of Warrants
Announcement Reference
SG191021OTHR500R
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 65,291,437,969 ordinary shares to 65,336,437,969 ordinary shares by way of allotment and issuance of 45,000,000 new ordinary shares pursuant to the exercise of 45,000,000 Tranche 2 Warrants (W191217) at the exercise price of S$0.0011 for each new ordinary share on 21 October 2019. These 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 23 October 2019.

The total outstanding Tranche 2 Warrants (W191217) remaining after the aforesaid exercise is 49,275,406,905.

Listing Details

Form of Issue
Registered
Primary Listing
Yes
Country of Primary Listing
Singapore
Issue Date
21/10/2019
Listing Date
23/10/2019 09:00:00
Issue Currency
Singapore Dollar
Trading Currency
Singapore Dollar
Asset Class
Ordinary Shares

Agent Details

Registrar
Boardroom Corporate & Advisory Services Pte. Ltd.

Attachments