Rights::Voluntary

Issuer & Securities

Issuer/ Manager
THE TRENDLINES GROUP LTD.
Security
THE TRENDLINES GROUP LTD. - IL0011328858 - 42T

Announcement Details

Announcement Title
Propose Non-renounceable Non-underwritten Rights Issue
Date &Time of Broadcast
26-Mar-2024 23:41:27
Status
New
Corporate Action Reference
SG240326RHDIXH8A
Submitted By (Co./ Ind. Name)
Haim Brosh
Designation
Chief Executive Officer and Interim Chief Financial Officer
Underwritten
No
Shareholders' Approval Required?
Yes
Shareholders' Approval Obtained
No
Financial Year End
31/12/2023
Foreign Shareholder Eligibility
No
Attachment for Intent
Trendlines - Rights Issue Announcement_Final.pdf

Event Narrative

Narrative Type
Narrative Text
Additional TextPROPOSED NON-RENOUNCEABLE NON-UNDERWRITTEN RIGHTS ISSUE OF UP TO 73,641,050 NEW ORDINARY SHARES IN THE CAPITAL OF THE COMPANY.

PLEASE REFER TO THE ATTACHED.

Dates

Rights Details

Security Not Found?
No
Renounceable
No
Rights Security Distribution Ratio- Underlying
14
Rights Security Distribution Ratio- Rights Security
1

Option Exercise

Issue Price (Per Rights)
SGD 0.06
Disbursed Security
ISIN
Name
Security Type
Distribution Ratio- Rights
Distribution Ratio- Disbursed
IL0011328858THE TRENDLINES GROUP LTD.Common Stock11

Renounceable Conditions

Allow Over Subscription
Yes

Attachments

Related Announcements