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Annual Report 2013
KPJ HEALTHCARE BERHAD
240
30.
Share capital (continued)
(b)
Share Split, Bonus Issue and Free Warrants (continued)
The new shares issued arising from the Share Split, Bonus Issue and Free Warrants exercised shall upon issue and allotment, rank
pari passu in all respects.
The warrants exercise period is ve years commencing from the offer date. Warrant exercise price is 15%discount to the theoretical
ex-all price based on ve-day volume weighted-average market price up to and including 20 November 2009 (”price xing date”).
Set out below are details of the Free Warrants issued by the Company:
Issuance
Expiry
Exercise
Number of warrants 2010/2015
date
date
price
1.1.2013
Additional
Exercised
31.12.2013
RM/share
‘000
‘000
‘000
‘000
15 January 2010 14 January 2015 1.14*
13,351
2,452
(8,448)
7,355
*
Adjustment was made to the exercise price of the outstanding warrants 2011/2015 from RM1.70 to RM1.14 as a result of the
Bonus Issue and Free Warrants on 27 December 2013.
Details relating to warrants exercised during the year are as follows:
Exercise date
Fair value of
shares at share
issue date
Exercise
price
Number of shares
issued
2013
2012
RM/share
RM/share
‘000
‘000
1 January 2013 to 31 December 2013
3.00 - 7.36
1.14
8,448
61,198
Details relating to warrants exercised during the year are as follows:
Group/Company
2013
2012
RM’000
RM’000
Ordinary share capital - at par
4,224
30,599
Share premium
10,138
73,436
Proceeds from exercise of warrants
14,362
104,035
Fair value at exercise date of shares issued
43,761
336,889
Notes to the
Financial Statements
For the financial year ended 31 December 2013
(continued)