News Detail

Date/Time
03 Nov 2021 07:15:00
Headline
Right Adjustment of SONIC_WA
Symbol
SONIC
Source
SONIC
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                Right adjustment / No right adjustment

Subject                                  : Right Adjustment
Symbol                                   : SONIC_WA
The full name of warrant                 : Warrants to buy ordinary shares of 
Sonic Interfreight Public Company Limited which issue to the Company and
subsidiaries' executives and employees ("SONIC-ESOP 2018")
("Warrants")(SONIC_WA)
Adjustment
Type of adjustment                       : Adjustment of exercise price and 
exercise ratio
     Before exercise price (THB/share)   : 1.95
     After exercise price (THB/share)    : 1.56
     Before adjustment exercise ratio    : 1 : 1
(unit : share)
     After adjustment exercise ratio     : 1 : 1.25
(unit : share)
The reason for adjustment                : The Company shall adjust the exercise
price and exercise ratio to ensure that the benefits of the Warrant Holders are
not less than the existing status. The reasons for adjustment of this event are
 as follows;
 - offering of newly ordinary shares which offering price is lower than market 
price
Effective date for adjustment            : 19-Apr-2021
Authorized Persons to Disclose           : Dr. Santisuk Kosiarpanant (Ph.D.)
Information
Position                                 : Chief Executive Officer

Mr. Ranut Lieolertsakulchai
Director / Company Secretary
______________________________________________________________________
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