(1) An issuer must not:—
(a) extend the exercise period of an existing company warrant; or
(b) issue a new company warrant to replace an existing company warrant.
(2) Except where the adjustments are made pursuant to the terms of the issue, an issuer must not:—
(a) change the exercise price of an existing company warrant; or
(b) change the exercise ratio of an existing company warrant.
Amended on 7 February 20207 February 2020.