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AMTD IDEA Group - Consent - Update

US$450,000,000 7.25 per cent. Senior Perpetual Securities (ISIN: XS2161843789; Common Code: 216184378) (the "USD Perpetual Securities")

(Stock Code: 40219)

under the U.S.$1,000,000,000 Medium Term Note Programme


12 MAY 2023


Full announcement including disclaimers and offer restrictions available via HKEX


"Reference is made to the announcement by AMTD IDEA Group (the "Issuer") dated 28 April 2023 (the "Announcement") to make certain adjustments in relation to the USD Perpetual Securities and its underlying documentation. Terms and expressions used but not defined herein shall have the meaning attributed to them in the Announcement.


The Issuer hereby confirms that as of 11 May 2023, prior to the Receipt Deadline, it has received instructions from Securityholders of not less than 90 per cent. in nominal amount of the USD Perpetual Securities outstanding and therefore the Extraordinary Resolutions have been passed as of 11 May 2023.


The Issuer hereby gives notice to Securityholders that the Extraordinary Resolutions have become effective on 11 May 2023. Pursuant to the passing of the Extraordinary Resolutions, inter alia, (i) the distribution basis of the USD Perpetual Securities is 7.25 per cent. fixed rate up to (but excluding) 14 May 2023 and will be 1.50 per cent. fixed rate thereafter and (ii) the USD Perpetual Securities do not confer a right to receive distribution on its outstanding nominal amount for the period from (and including) 14 November 2022 to (but excluding) 14 May 2023."


 

US$450,000,000 7.25 per cent. Senior Perpetual Securities (ISIN: XS2161843789; Common Code: 216184378) (the "USD Perpetual Securities")

(Stock Code: 40219)

under the U.S.$1,000,000,000 Medium Term Note Programme


28 APRIL 2023


Full announcement including disclaimers and offer restrictions available via SGX


"The Issuer hereby announces that it is requesting the holders (the "Securityholders") of the presently outstanding USD Perpetual Securities to enter into extraordinary resolutions given by way of electronic consents (the "Extraordinary Resolutions"), and if they think fit, to make certain adjustments in relation to the USD Perpetual Securities and its underlying documentation as fully described in the notice of extraordinary resolutions by way of electronic consents made available to the Securityholders through Euroclear Bank SA/NV and Clearstream Banking S.A."

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