24 Mar 2017 17:23:00
Notification the subscription of the newly issued ordinary share of Mudman Plc. to be offered for sale to entitled shareholders of the company
Pre-emptive Right Subject : Pre-emptive Right Name of subsidiary or associated company :Mudman Public Company Limited which offers pre-emptive right Type of allocated securities : Common Shares Number of allotted shares (shares) : 41,437,135 Ratio (Company's shares : Subsidiary or : 10 : 1 Associated's shares) Subscription period : From 29-Mar-2017 to 31-Mar-2017 Record date for the right to subscribe : 16-Mar-2017 additional shares of subsidiary or associated company Book closing date for collecting : 17-Mar-2017 shareholders names under Section 225 of the Securities and Exchange Act Ex-Other Benefits Date (XB) : 14-Mar-2017 Remark : Sub Sri Thai Public Company Limited (the "Company") hereby to inform you regarding the progress of the offer for sale of the newly issued ordinary shares in the initial public offering (IPO) of Mudman Public Company Limited ("MM"), as well as the details and conditions in relation to the offer for sale of the newly issued ordinary shares of MM to the Entitled Shareholders for the Allocation of Shares (as defined below), as follows: 1. On 9 February 2017, the Securities and Exchange Commission has approved the application for the issuance and offering of newly issued ordinary shares of MM and the prospectus and the registration statement has become effective on 22 March 2017. 2. MM has set the preliminary range of the offering price between Baht 5.00 - 5.50 per share and the final offering price will fall under preliminary range of the offering price and will be determined by book building approach. MM and Lead Underwriter will jointly determine the final offering price and expected to announce by 31 March 2017. The Entitled Shareholders are required to subscribe at the highest price of preliminary range of the offering price at Baht 5.50 per share. If the final offering price is lower than the subscribe price, Lead Underwriter will return the difference between subscribe price and the final offering price to subscribers. The Company will later announce the final offering price through notification by the Company on the Stock Exchange of Thailand ("SET") website and an announcement on the Company website (www.subsrithai.co.th) and MM website (www.mudman.com). 3. The subscription period for the newly issued ordinary shares of MM to be offered for sale to the Entitled Shareholders for the Allocation of Shares (as defined below) is scheduled to be on 29, 30, and 31 March 2017 (totaling 3 business days). The details and conditions of such subscription are set out in Part 3 of the registration statement and the prospectus of MM and the document in relation to the subscription of the newly issued ordinary shares of MM, which will be delivered by post to the Company only to the Entitled Shareholders for the Allocation of Shares (as defined below) whose name are listed in the share register of the Company as at the Record Date on 16 March 2017, and the Book Closing Date on 17 March 2017, to compile the list of Entitled Shareholders for the Allocation of Shares (as defined below) in compliance with Section 225 of the Securities and Exchange Act. B.E.2535 (including any amendment thereto). MM, at its discretion, may not offer for sale or may not allocate the newly issued ordinary shares to any person or subscriber if such offer for sale or allocation will, or may result in: (a) a violation of any laws, rules or regulations of the Kingdom of Thailand or of any other countries, and/or the Articles of Association of MM; or (b) additional compliance or any additional action of MM other than that would be required under the relevant laws or regulations regarding the issuance and offer for sale of securities under the law of the Kingdom of Thailand; or (c) any non-compliance with the requirements, procedures, or conditions required in the offer for sale or the allocation of shares; or (d) MM is not complied with the free float criteria of the Stock Exchange of Thailand. In this regard, the specific group of investors who are the existing shareholders of the Company entitled to the allocation of shares under aforementioned allocation restriction shall be referred to as the "Entitled Shareholders for the Allocation of Shares". For the purpose not being considered as in violation of the securities laws of other countries, or not burdening MM with duties to perform any additional action other than that would be required under the relevant laws or regulations regarding the issuance and offer for sale of securities under the law of the Kingdom of Thailand, the Company does not deliver the documents in relation to the subscription of the newly issued ordinary shares of MM to any of its shareholders whose addresses as shown in the share register are outside Thailand or has foreign nationality. However, MM may offer for sale or allocate the shares to any investor or subscriber who is foreign or is not resided in Thailand under the exception of the foreign laws. The Entitled Shareholders for the Allocation of Shares who wish to subscribe for the newly issued ordinary shares of MM are able to make a subscription at the Head Office of Maybank Kim Eng Securities (Thailand) Public Company Limited, 20 Fl., The Offices at Central World, 999/9, Rama 1 Road, Pathumwan, Bangkok, 10330, during the subscription period (from 9.00 - 16.00 hrs. during 29 - 31 March 2017) The Company has post the document relation to the offer for sale of the newly issued ordinary shares of MM on the Company's website. The shareholders or investors could download those documents on the Company's website (www.subsrithai.co.th), MM's website (www.mudman.com), and could download MM's prospectus from the website of the Office of the Securities and Exchange Commission (www.sec.or.th) ______________________________________________________________________ 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.