Report on the results of the exercising of ESOP-W1, ESOP-W2
SET. 20/2008
June 16, 2008
Subject: Report on the results of the exercising of ESOP-W1 and ESOP-W2
Attention: President The Stock Exchange of Thailand
Major Cineplex Group PLC. (The Company) has issued, under an Employee Stock Option Program, ESOP-W1 & ESOP-W2. The detail of warrants as following:
Details | ESOP-W1 | ESOP-W2 |
The number of warrants | 19,500,000 Units | 3,500,000 Units |
1st Exercise Date | 30 September,2003 | 30 September, 2004 |
Exercise Price | 11.649 Baht / Share | 14.448 Baht / Share |
Exercise Ratio | 11.649 Baht / Share | 1 Unit : 1.057 Common Shares |
Maturity of Warrants | 5 years from the issued date | 4 years from the issued date |
The company would like to report the results of exercising of warrants on 13 June, 2008 as detail following:
Details | ESOP-W1 | ESOP-W2 |
1. Exercising no. | 11 | 9 |
2. Number of person exercised | 3 Persons | - Person |
3. Number of person granted common shares | 3 Persons | - Person |
4. Number of warrants exercised | 725,000 Units | - Units |
5. Number of common shares issued | 819,200 Shares | - Shares |
6. Number of warrants outstanding | 802,122 Units | 500,000 Units |
7. Number of common shares to be issued | 2,425,881 Shares | 2,189,000 Shares |
8. Net amount received | 9,542,860.80 Baht | - Baht |
Remark: The changing of the price and ratio of the exercise price arising out of the allocation more than 50% in the year of 2007.
New Price | New Ratio | Maturity date of Warrants | |
ESOP-W1 | 11.649 | 1.130 | 13 June 2008 |
ESOP-W2 | 14.448 | 1.057 | 13 June 2008 |
Please be informed accordingly,
Yours Faithfully,
(Mr. Chattaphum Khantiviriya)
Chief Financial Officer