Events 2005 - ChartNexus

Notes to the Financial Statements 31 December 2005
20. SHARE CAPITAL (Continued)
During the financial year, the issued and paid up share capital of the Company was increased from RM327,393,448 to
RM368,432,801 by way of:
(a) an issue of 6,266,000 new ordinary shares of RM1.00 each for cash at an issue price of RM3.83 by virtue of the exercise of
options pursuant to the Company’s Employees’ Share Option Scheme.
(b) an issue of 101,000 new ordinary shares of RM1.00 each for cash at an issue price of RM6.52 by virtue of the exercise of
options pursuant to the Company’s Employees’ Share Option Scheme.
(c) an issue of 109,000 new ordinary shares of RM1.00 each for cash at an issue price of RM5.43 by virtue of the exercise of
options pursuant to the Company’s Employees’ Share Option Scheme.
(d) an issue of 114,000 new ordinary shares of RM1.00 each for cash at an issue price of RM5.85 by virtue of the exercise of
options pursuant to the Company’s Employees’ Share Option Scheme.
(e) an issue of 67,000 new ordinary shares of RM1.00 each for cash at an issue price of RM6.24 by virtue of the exercise of
options pursuant to the Company’s Employees’ Share Option Scheme.
(f) an issue of 34,382,353 new ordinary shares of RM1.00 each for cash at an issue price of RM5.48 by virtue of the exercise of
Warrants.
These new shares rank pari-passu with the then existing shares of the Company.
Warrant 2000/2005
Pursuant to a deed poll dated 15 September 2000 ("Deed Poll"), the Company has issued 18,976,728 warrants ("Warrants") in
conjunction with the issue of RM250,000,000 nominal value of 4.0% redeemable unsecured bonds 2000/2005.
The salient features of the Warrants as per the Deed Poll were as follows:
(a) Each Warrant entitles the registered holders at any time during the exercise period to subscribe for one (1) share of RM1.00
each at an exercise price of RM10.95 per ordinary share.
(b) The exercise price and the number of Warrants are subject to adjustment in accordance with the conditions provided in the
Deed Poll.
(c) The exercise period is four years and nine months from the date of issue to expire on 15 September 2005.
(d) At the expiry of the exercise period, any Warrants which has not been exercised will lapse and cease to be valid for any
purposes.
Pursuant to the Deed Poll, the exercise price and number of the Warrants was adjusted to RM5.48 per warrant and 37,953,456
warrants effective from 3 October 2001 respectively. This adjustment arose from the Company’s bonus issue of one share for every
existing share held.
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