INVESTOR RELATIONS

FORM OF NOTICE OF CONVERSION OF 5-YEAR 3.5% REDEEMABLE CONVERTIBLE UNSECURED LOAN STOCKS ("RCULS" OR "BARAKAH-LA")

BURSA ANNOUNCEMENTS
Date : 27 August 2019

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

BARAKAH OFFSHORE PETROLEUM BERHAD

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description
Notification of dealings by Director in the securities of Barakah Offshore Petroleum Berhad ("Barakah" or "the Company") during closed period

The Company wishes to announce that Kenanga Investment Bank Berhad has force sold Barakah ordinary shares held by En. Nik Hamdan Daud, a director of Barakah to rectify shortfall of his personal margin account position. This force selling occurred during closed period, and as such triggers this announcement under Paragraph 14.08 of the Main Market Listing Requirements. As the said sale was directed by Kenanga Investment Bank Berhad, no notice of intention to deal was made earlier by En Nik Hamdan Daud. The details are set out below:

 

Name of Director : Nik Hamdan Bin Daud

Direct Interest

 

Disposal in open market

Date

Price (RM per share)

No. of shares

% of shares

07.08.2019

0.045

5,000,000

0.598

08.08.2019 0.045 2,000,000 0.239
13.08.2019 0.045 1,440,300 0.172
14.08.2019 0.045 300,000 0.036

 

 

 

This announcement is dated 27 August 2019.






Announcement Info

Company Name BARAKAH OFFSHORE PETROLEUM BERHAD
Stock Name BARAKAH
Date Announced 27 Aug 2019
Category General Announcement for PLC
Reference Number GA1-23082019-00012


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