General Announcement::LODGEMENT OF THE OIS, DESPATCH OF THE ADDENDUM (13 APRIL 2018) & INDICATIVE TIMETABLE OF KEY EVENTS

Issuer & Securities

Issuer/ Manager
EZION HOLDINGS LIMITED
Securities
EZION HOLDINGS LIMITED - SG1W38939029 - 5ME
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
13-Apr-2018 22:42:27
Status
New
Announcement Sub Title
LODGEMENT OF THE OIS, DESPATCH OF THE ADDENDUM (13 APRIL 2018) & INDICATIVE TIMETABLE OF KEY EVENTS
Announcement Reference
SG180413OTHRMAA0
Submitted By (Co./ Ind. Name)
Paul Goon
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
(A) BONUS ISSUE OF 1,244,306,043 WARRANTS (THE "WARRANTS (2018-SHAREHOLDERS)"), WITH EACH WARRANT (2018-SHAREHOLDERS) CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW ORDINARY SHARE IN THE CAPITAL OF THE COMPANY (THE "WARRANT (2018-SHAREHOLDERS) SHARE") AT THE WARRANTS (2018-SHAREHOLDERS) EXERCISE PRICE PER WARRANT (2018-SHAREHOLDERS) SHARE, ON THE BASIS OF THREE (3) WARRANTS (2018-SHAREHOLDERS) FOR EVERY FIVE (5) EXISTING ORDINARY SHARES IN THE CAPITAL OF THE COMPANY ("SHARES") HELD BY SHAREHOLDERS OF THE COMPANY (THE "BONUS ISSUE");

(B) PLACEMENT OF UP TO 452,500,000 WARRANTS TO SERIES B BONDHOLDERS OR AMENDED SERIES 008 SECURITYHOLDERS WHO EXERCISE THEIR CONVERSION RIGHTS DURING THE EARLY CONVERSION PERIOD, WITH EACH WARRANT (2018-SECURITYHOLDERS) CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW SHARE AT THE EXERCISE PRICE OF S$0.2763 PER WARRANT (2018-SECURITYHOLDERS) SHARE;

(C) PLACEMENT OF UP TO 171,000,000 WARRANTS TO THE SECURED LENDERS, WITH EACH WARRANT (2018-SECURED LENDERS) CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW SHARE AT THE WARRANTS (2018-SECURED LENDERS) EXERCISE PRICE PER WARRANT (2018-SECURED LENDERS) SHARE; AND

(D) PLACEMENT OF UP TO 94,221,498 WARRANTS TO THE UNSECURED LENDERS, WITH EACH WARRANT (2018-UNSECURED LENDERS) CARRYING THE RIGHT TO SUBSCRIBE FOR ONE (1) NEW SHARE AT THE WARRANTS (2018-UNSECURED LENDERS) EXERCISE PRICE PER WARRANT (2018-UNSECURED LENDERS) SHARE,

LODGEMENT OF THE OFFER INFORMATION STATEMENT, DESPATCH OF THE ADDENDUM (13 APRIL 2018) (AS DEFINED HEREIN) TO THE OFFER INFORMATION STATEMENT, AND INDICATIVE TIMETABLE OF KEY EVENTS.

Please see attached.

Attachments

Ezion_Ann_130418_Addendum OIS.pdf
Ezion_Warrants OIS_130418.pdf
Ezion_Addendum_130418.pdf
Ezion_Addendum_060418.pdf
Total size =1411K