We refer to the previous announcements and circular to shareholders dated 18 May 2026 in relation to the Bonus Issue of Warrants ("Circular"). Unless otherwise defined, the definitions as set out in the previous announcements and Circular shall apply herein.
On behalf of the Board, UOBKH wishes to announce that the Board had resolved to fix the exercise price of the Warrants B at RM0.22 per Warrant B ("Exercise Price"). The Exercise Price represents a discount of approximately 18.43% to the 5-day VWAP of RLEB Shares up to and including 25 June 2026 (being the last trading day immediately preceding the price-fixing date) of RM0.2697 per RLEB Share.
The Exercise Price of RM0.22 per Warrant B is determined by the Board after taking into consideration, amongst others, the following:-
the historical price movement of RLEB Shares;
the 5-day VWAP of RLEB Shares and the Board's intention to fix the Exercise Price at a discount of not more than 20% to the 5-day VWAP of RLEB Shares; and
- the future prospects and potential funding requirement of RLEB.
Further, on behalf of the Board, UOBKH wishes to announce that RLEB had on even date, executed the Deed Poll B constituting the Warrants B to be issued pursuant to the Bonus Issue of Warrants.
This announcement is dated 26 June 2026.