News Detail

03 Nov 2021 07:15:00
Right Adjustment of SONIC_WA
Full Detailed News
Download Full Detailed News
                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")
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 
Effective date for adjustment            : 19-Apr-2021
Authorized Persons to Disclose           : Dr. Santisuk Kosiarpanant (Ph.D.)
Position                                 : Chief Executive Officer

Mr. Ranut Lieolertsakulchai
Director / Company Secretary
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.