11 Mar 2021 18:51:00
Notification of resolutions of the Board of Directors' meeting, capital increase, issuance of warrant to purchase common And set the date of the 2021 Annual General Meeting of Shareholders (Add Enclosure)
Schedule of Shareholders' meeting Subject : Schedule of Annual General Meeting of Shareholders Date of Board resolution : 23-Feb-2021 Shareholder's meeting date : 27-Apr-2021 Beginning time of meeting (h:mm) : 14 : 00 Record date for the right to attend the : 26-Mar-2021 meeting (New) Ex-meeting date (New) : 25-Mar-2021 Significant agenda item (Update) : - Cash dividend payment - Capital increase - The issuance of convertible securities - Changing the director(s) Venue of the meeting : at Rachavadee Room 2-4, 3rd Floor, Golden Tulip Sovereign Hotel Bangkok, ______________________________________________________________________ Dividend payment / Omitted dividend payment Subject : Cash dividend payment Date of Board resolution : 23-Feb-2021 Type of dividend payment : Cash dividend payment Record date for the right to receive : 06-May-2021 dividends Ex-dividend date : 05-May-2021 Payment for : Common shareholders Cash dividend payment (baht per share) : 0.034 Derived from profit under non-BOI : 0.00 privilege (baht per share) Derived from profit under BOI privilege : 0.034 (baht per share) Par value (baht) : 0.25 Payment date : 25-May-2021 Paid from : Operating period from 01-Jul-2020 to 31-Dec-2020 ______________________________________________________________________ Increasing Capital Subject : Issuance of Additional Shares Under a General Mandate Date of Board resolution : 11-Mar-2021 Number of additional common shares : 60,000,000 (shares) Total of additional shares (shares) : 60,000,000 Par value (baht per share) : 0.25 Type of allocated securities : Common shares Allocated to : Private placement Number of allotted shares (shares) : 60,000,000 % of Paid-Up capital as of capital : 9.73 increase BOD resolution date ______________________________________________________________________ Issued Convertible Securities Subject : Issued convertible securities Date of Board resolution : 11-Mar-2021 Type of allocated securities : Warrants Allocate to : Existing common shareholders Number of allotted warrants (units) : 176,133,046 Reserved shares for the exercise of : Common shares warrants Number of additional shares (shares) : 176,133,046 Ratio (Existing shares : Warrant) : 7 : 2 Record date for the right to receive : 06-May-2021 warrants Ex-rights date : 05-May-2021 Offering price (baht per unit) : 0 Description of warrants Warrant Symbol : PIMO-W2 Name of warrant : Warrant to purchase newly issued ordinary shares of Pioneer Motor Public Company Limited No. 2 ("PIMO-W2") Exercise ratio (warrant : share) : 1 : 1 Exercise price (baht per share) : 1.75 Term of warrants : 2Year Remark : However, the date for determining the names of shareholders who will be entitled to receive warrants to purchase the Company's ordinary shares is not yet certain. Until the Annual General Meeting of Shareholders for the year 2021 passes a resolution approving the capital increase and the allocation of the newly issued ordinary shares as proposed. ______________________________________________________________________ Increasing Capital Subject : Specifying the purpose of utilizing proceeds Date of Board resolution : 11-Mar-2021 Number of additional common shares : 176,133,046 (shares) Total of additional shares (shares) : 176,133,046 Par value (baht per share) : 0.25 Type of allocated securities : Common shares Allocated to : Reserved shares for the exercise of convertible securities Number of allotted shares (shares) : 176,133,046 Remark : Allocation of 176,133,046 newly issued ordinary shares to accommodate the exercise of the warrant holders to purchase the Company's ordinary shares No.2 (PIMO-W2). ______________________________________________________________________ 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.