Right adjustment / No right adjustment
Subject : No Right Adjustment
Symbol : META-W5
The full name of warrant : Warrant of META CORPORATION PUBLIC
COMPANY LIMITED No. 5
Adjustment
The reason for no adjustment : According to the Board of Directors
meeting of Meta Corporation Public Company Limited (the "Company") as the
authorized by the 2021 Annual General Meeting of Shareholders had the resolution
to approve the following matters:
1. The Board of Directors Meeting No. 10/2021 held on 17 August 2021, had the
resolution to approve the allocation of Newly-issued ordinary shares in the
number of 184,000,000 shares to the existing shareholders in proportion to their
respective shareholdings (Right Offering) at the price 0.61 baht per share, and
2. The Board of Directors Meeting No. 11/2021 held on 25 August 2021, had the
resolution to approve the allocation of Newly-issued ordinary shares in the
number of 127,513,739 shares to Specific Investors (Private Placement) at the
price of 0.53 baht per share.
The Company will not adjust the exercise price and/or the exercise ratio.
because it does not meet the reasons for the adjustment of rights as follows:
According to the Terms on Rights and Duties of the Warrant Issuer and Warrant
Holders to Purchase Ordinary Shares of Meta Corporation Public Company Limited
No. 5 (META-W5) for Existing Shareholders Clause 3.3.1 (c) which determines the
adjustment of rights when the Company offers newly issued shares to the existing
shareholders and/or the general public at a price lower than 90 percent of the
market price of the Company's ordinary shares and clause 3.3.1 (d), which
stipulates when the Company Offering for sale of any newly issued securities to
the existing shareholders and/or the general public and/or the private placement
The securities are given the right to the securities holders to exercise the
rights to convert them into ordinary shares. or exercise the right to purchase
ordinary shares (such as convertible debentures or warrants to purchase ordinary
shares) at the average price per share of the newly issued ordinary shares to
support such rights. less than 90 percent of the market price of the Company's
ordinary shares.
Authorized Persons to Disclose : Mr. Supasit Pokinjaruras
Information
Position : Director
Mr. Aung Thiha
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.
|
