General Announcement::Update on the Issuance of Tranche 2 Equity-Linked Securities
Issuer & Securities
Issuer/ Manager
EMPERADOR INC.
Securities
EMPERADOR INC. - PHY2290T1044 - EMI
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
04-Feb-2025 11:43:18
Status
New
Announcement Sub Title
Update on the Issuance of Tranche 2 Equity-Linked Securities
Announcement Reference
SG250204OTHRICMV
Submitted By (Co./ Ind. Name)
Anna Michelle T. Llovido
Designation
Corporate Secretary
Effective Date and Time of the event
04/02/2025 11:30:00
Description (Please provide a detailed description of the event in the box below)
Further to the 9 August 2024 disclosure of Emperador, Inc. (the Company ) and the previous disclosures on the extension of the Conversion Period (as defined below) for the issuance of the Tranche 2 ELS Shares between the Company and Arran Investment Pte Ltd. ( Arran ), please be informed that the Conversion Period has been mutually extended by the parties from 12 February 2025 to 12 August 2025.
Accordingly, notice is hereby given of the Company and Arran s decision to further extend the Conversion Period from 12 February 2025 to 12 August 2025.
The ELS Instrument was issued on 04 December 2014 to Arran as part of its investment in the Company, and on 03 December 2021, the Company was given a period until 28 February 2022 ( Conversion Period ) to issue Four Hundred Seventy-Five Million (475,000,000) ELS Shares to Arran per the ELS Instrument. The Conversion Period went through a number of modifications, the latest of which is its extension as mentioned above (i.e., from 12 February 2025 to 12 August 2025).
Attachments
EMI SEC Form 17-C - Update on ELS Instrument_Extension of ELS Conversion Period to 12 August 2025.pdf
Stock Transaction Tax Reminder_updated as of 04Feb2025.pdf
Total size =231K
Related Announcements
Related Announcements