1. 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.Adisak Phupiphathirungul)
First 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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Thai Oil pcl published this content on 30 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2022 10:32:35 UTC.
Thai Oil Public Company Limited is a Thailand-based company that is engaged in the operations of oil refinery and distribution, petrochemicals, lube base oil and other businesses in domestic and overseas. The Companyâs segments include Oil refinery, Lube base oil refinery, Aromatics and LAB, Power generation, Solvent, Ethanol, Olefins, and Others. It is also involved in oil refinery, petrochemicals-aromatics, and lube base oil, with supporting businesses, including power generation, solvents and chemicals, pipeline transportation, renewable-energy generation, and the petrochemical-olefins business. The Companyâs subsidiaries include TOP Next International Co., Ltd., Sak Chaisidhi Co., Ltd., TOP Solvent (Vietnam) LLC, PT Tirta Surya Raya, JSKEM Private Limited, Sapthip Co., Ltd., LABIX Co., Ltd., TOP Ventures Company Limited, TOP Ventures Hong Kong Limited, and TOP Ventures America LLC. Sak Chaisidhi Co., Ltd. is engaged in solvent and chemical products manufacturing.