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DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS OUTSIDE CLOSED PERIOD

MR D.I.Y. GROUP (M) BERHAD

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description
NOTIFICATION OF DEALINGS IN SHARES BY DIRECTOR OUTSIDE CLOSED PERIOD

Mr D.I.Y. Group (M) Berhad ("Company") wishes to announce that the Company has on 7 September 2021, received notifcation pursuant to Paragraph 14.09(a) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad from Brahmal A/L Vasudevan, a Director of the Company of his dealing in shares in the Company outside Closed Period, the details of which are set out below:-

 

A) Dealing in Total Return Equity Swaps (TRES)

 

TRES is a cash-settled financial derivative transaction whereby two parties swap the returns of the ordinary shares of the Company ("Underlying Shares") with the floating rate interest. Amounts due to each party are based on the returns generated by a notional investment in a specified amount of the Underlying Shares. The floating rate amount payer agrees to pay the other party the periodic amounts calculated by reference to a market interest rate on the notional amount of the Underlying Shares and any depreciation in the value of the Underlying Shares. In return, the equity amount payer agrees to pay the other party any appreciation in the value of the Underlying Shares.

 

Details of the dealing in unwinding the remaining TRES are set out below:-

 

Date of transaction No. of shares Percentage of the total issued share capital
7 September 2021 889,600 0.014%

 

B) Dealing in shares by Creador Sdn. Bhd. (1)

 

Date of transaction

Registered Holder

Nature of Interest

Consideration per share

Number and Percentage of shares Acquired/(Disposed)

Number and Percentage of shares held post transaction

7 September 2021

Creador Sdn. Bhd.

Deemed interest (1)

RM3.903

 

(719,300)

0.011% 

NIL

 

Details of Mr. Brahmal's shareholdings in the Company after the dealings are as set out below:-

 

Direct Interest

Deemed Interest (1)

No. of shares

Percentage of the total issued share capital

No. of shares

Percentage of the total issued share capital

1,800,000

0.029%

NIL

NIL

 

(1) Deemed interest by virtue of his interest in Creador Sdn. Bhd., applying Section 8(4) of the Companies Act, 2016.

(2) There is no change in interests or shareholding in the Company as a result of the Director unwinding the TRES as the terms and conditions of the TRES do not contemplate for any

      acquisition, disposal or transfer of the shares in the Company by the Director.

 

This announcement is dated 7 September 2021.






Announcement Info

Company Name MR D.I.Y. GROUP (M) BERHAD
Stock Name MRDIY
Date Announced 07 Sep 2021
Category General Announcement for PLC
Reference Number GA1-07092021-00070




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