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 :
Settlement Amount = (Settlement Price - Exercise Price) X Multiplier X Exchange rate In case of Put Warrant and Underlying Asset is Foreign Index :
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.
3. The Holders can deny the exercise of DW by informing their broker in accordance with procedures stipulated by their broker.
Signature _________________
(Choengchon Tongjaroensuk) Executive Vice President 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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Sri Trang Gloves (Thailand) pcl published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2022 10:37:08 UTC.
Sri Trang Gloves (Thailand) Public Company Limited is a Thailand-based glove manufacturer and fully integrated rubber company. The Company offers a range of natural latex and nitrile examination gloves, as well as general-purpose disposable gloves, both powdered and powder-free, catering to a variety of applications, including healthcare and medical, food processing, food handling, manufacturing and operations. The Companyâs products include Latex Powdered Examination Gloves, Latex Powder-Free Examination Gloves, Nitrile Powder-Free Examination Gloves and Gamma Ray Sterile Examination Gloves. The Company, through its subsidiary, Sri Trang Responsible Gloves Supply Inc., distributes rubber gloves. Its other subsidiaries include Premier System Engineering Co., Ltd. (PSE), Sadao P.S. Rubber Co., Ltd. (PS), Shidong Shanghai Medical Equipment Co., Ltd.(SDME) and other.