SET Announcements
Additional Information - The Offering Price of BCP's Warrant
TRANSLATION
1000 / 209 / 2005
October 13, 2005
Attention : President of The Stock Exchange of Thailand
Subject : Additional Information about the offering price of the BCP's
warrant to existing shareholders
Since some newspapers has reported today about the offering price of the
warrant for subscribing the Company's ordinary shares that will be issued
and offered to the existing shareholders of the Company.
The Bangchak Petroleum Public Company Limited would like to inform that
according to the Extraordinary Shareholders' Meeting No. 1/2005, the
Shareholders approved the issuance and offering of the warrants for
subscribing the Company's ordinary shares of not exceeding 85,500,000
units to the existing shareholders at the ratio of 10 existing shares
to 1 warrant, the offering price of the warrant shall not exceed 2.50
Baht/ unit and the Exercise price for subscribing the Company's ordinary
shares is 18 Baht/ share.
The Board of Directors will determine the exact offering price and the
issuing amount of warrant and the XR date for receiving the warrant later.
The Company will issue and offer such warrant after the Company get the
approval of the warrant's issuance and offering from the Securities Exchange
Commission Office and knows the final project cost of the Product
Quality Improvement Project in November - December 2005.
Please be informed accordingly.
Yours sincerely,
- Signed -
(Patiparn Sukorndhaman)
Senior Executive Vice President
Corporate Planning and Investor Relation Office
Tel : 0-2335-4583