Absolute Clean Energy PclSET: ACE

Right adjustment of ACE24C2205A

· Issued by Absolute Clean Energy Pcl
Date/Time
11 Mar 2022 18:17:25
Headline
Right adjustment of ACE24C2205A
Symbol
ACE24C2205A
Source
FSS
Full Detailed News
                Right adjustment of DW / No right adjustment of DW

Subject                                  : Adjustment
Symbol                                   : ACE24C2205A
The Full name                            : DERIVATIVE CALL WARRANTS ON ABSOLUTE 
CLEAN ENERGY PUBLIC COMPANY LIMITED ISSUED BY FINANSIA SYRUS SECURITIES PUBLIC
COMPANY LIMITED LAST TRADING IN MAY 2022 # A
Before Exercise Price (THB/share)        : 3.72
After Exercise Price (THB/share)         : 3.696
Before Adjustment Exercise Ratio (DW :   : 0.80 : 1
share)
After Adjustment Exercise Ratio (DW :    : 0.79487 : 1
share)
After Adjustment Exercise Ratio          : 1.25806
(Calculate)
The reason for adjustment                : To ensure that the benefits of the 
Derivative Warrant holders are not less than the existing status according to
formula which is specified in the Term and Condition of Derivative Warrant
issuers and Derivative Warrant holders. The reasons for adjustment of this event
 are as follows:
 - dividend payment
Effective Date                           : 14-Mar-2022
Authorized Persons to Disclose           : Choengchon Tongjaroensuk
Information
Position                                 : Executive Vice President

______________________________________________________________________
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