Net Cash Settlement Amount = Cash Settlement Amount - Exercise Expense Charged by Issuer By; In case of Call Warrant and Underlying Asset is Stock :
Cash Settlement Amount = (Settlement Price - Exercise Price) X Exercise Ratio In case of Put Warrant and Underlying Asset is Stock :
Cash Settlement Amount = (Exercise Price - Settlement Price) X Exercise Ratio In case of Call Warrant and Underlying Asset is Index :
Cash Settlement Amount = (Settlement Price - Exercise Price) X Multiplier In case of Put Warrant and Underlying Asset is Index :
Cash Settlement Amount = (Exercise Price - Settlement Price) X Multiplier In case of Call Warrant and Underlying Asset is Foreign Stock :
Cash Settlement Amount = (Settlement Price - Exercise Price) X Exercise Ratio X Exchange rate In case of Put Warrant and Underlying Asset is Foreign Stock :
Cash Settlement Amount = (Exercise Price - Settlement Price) X Exercise Ratio X Exchange rate In case of Call Warrant and Underlying Asset is Foreign Index :
Cash Settlement Amount = (Settlement Price - Exercise Price) X Multiplier X Exchange rate In case of Put Warrant and Underlying Asset is Foreign Index :
Cash Settlement Amount = (Exercise Price - Settlement Price) X Multiplier X Exchange rate
Any Derivative Warrant (DW) will automatically be exercised if the Net Cash Settlement Amount on the Automatic Exercise Date is greater than zero (without notice being given to the Holders). The Issuer will pay to the Holders the Net Cash Settlement Amount (if any) with procedure defined in Terms and Condition.
The Holders can deny the exercise of DW by informing their broker in accordance with procedures stipulated by their broker.
Signature ________________________________
(MR. CHIH - HUNG LIN )
CHIEF OPERATING OFFICER
Authorized Persons to Disclose Information
This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.
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Prima Marine pcl published this content on 01 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2022 11:32:03 UTC.
Prima Marine Public Company Limited is a Thailand-based company, which provides one-stop services of shipment and floating storage unit of crude oil, refined oil products, and liquefied petrochemical to the customers upon customer satisfaction. The Company also provides services of offshore support vessel for offshore petroleum exploration and production and ship management. The core businesses of the Company are classified into four types of businesses: Oil and Liquefied Petrochemical Tanker Business (Trading Business), Floating Storage Unit Business (FSU Business), Offshore Support Vessel Business (Offshore Business) and Ship Management Business (SM Business). Trading Business provides transportation service of crude oil refined oil products, and liquefied petrochemical for the customers. FSU Business provides floating storage unit services of crude oil and fuel oil by using vessel. Offshore Business provides offshore support vessel service for petroleum exploration and production.