VGI Public : No Adjustment of the exercise price and/or ratio of the Warrants to Purchase the Newly Issued Ordinary Shares of VGI Public Company Limited No. 2 (VGI-W2) as a result of the dividend payment
February 24, 2022 at 05:52 am EST
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Date/Time
24 Feb 2022 17:41:14
Headline
No Adjustment of the exercise price and/or ratio of the Warrants to Purchase the Newly Issued Ordinary Shares of VGI Public Company Limited No. 2 (VGI-W2) as a result of the dividend payment
Symbol
VGI
Source
VGI
Full Detailed News
Right adjustment / No right adjustment
Subject : No Right Adjustment
Symbol : VGI-W2
The full name of warrant : Warrant of VGI PUBLIC COMPANY LIMITED
No. 2
Adjustment
The reason for no adjustment : The Company shall not adjust the
exercise price and/or exercise ratio because the event does not trigger the
conditions under Clause 5(e) of the Terms and Conditions Governing the Rights
and Obligations of the Issuer and Holders of the Warrants to Purchase the Newly
Issued Ordinary Shares of VGI Public Company Limited No. 2 (VGI-W2) ("Terms and
Conditions") due to this dividend payment is an interim dividend payment which
will be paid from the Company's operating profit for the first 6-month period of
the fiscal year 2021/22, such interim dividend amount cannot be taken solely to
calculate the dividend payout ratio per the Company's net profit according to
the Company's standalone financial statements pursuant to the conditions as
specified in the Terms and Conditions.
Authorized Persons to Disclose : Mr. Marut Arthakaivalvatee
Information
Position : Authorised Director
Mr. Chan Kin Tak
Authorised Director
______________________________________________________________________
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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VGI pcl published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 10:51:01 UTC.
VGI Public Company Limited is a Thailand-based company. The Company is engaged in designing solutions to meet the demands of advertisers and brands and create experiences for consumers through its ecosystem, spanning across advertising, payment, logistics and distribution businesses. Its Transit segment is engaged in the provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, on BTS Column and the rental of retail space at BTS stations. Its Digital service segment is involved in the provision of electronic payment services and other finance services, such as insurance brokers and digital loans. Its Distribution segment is engaged in the provision of the sale and distribution of technology products from China, including original equipment manufacturer (OEM) products. Its Other segment is involved in the provision of advertising services in office buildings, and others. It is engaged in offline-to-online (O2O) solutions across multiple platforms.
VGI Public : No Adjustment of the exercise price and/or ratio of the Warrants to Purchase the Newly Issued Ordinary Shares of VGI Public Company Limited No. 2 (VGI-W2) as a result of the dividend payment