Type
Warrants to Purchase Ordinary Share of N.D. Rubber Public Company Limited No. 1 NDR-W1
Abbreviation
(NDR-W1)
Underlying Securities
NDR Ordinary Share
Issue Date
23 December 2016
Quantity
107,499,454 Units
Offering Price
0.00 Baht
Exercise Ratio
1 warrant entitled to purchase 1.03 ordinary share* (subject to change in accordance with the subsequent adjustment)
Exercise Price
2.93 Baht per 1 Ordinary Share
Total number of shares reserved for right exercise
107,500,000 shares
Term
2 years from the Issue and Offering Date of the Warrants
Exercise Period
The Warrant Holders can exercise his/her rights to purchase ordinary shares of the Company during 9.00 a.m. to 03.30 p.m. of each Exercise Date i.e. 15 June 2017, 15 December 2017, 15 June 2018 and the last Exercise Date is 22 December 2018, which is the same as the date the warrants expired, 2 years from the Issue and Offering Date of Warrants.
Notification Period for the Exercise of Warrants
The period that the Warrant Holders, who wish to exercise his/her rights to purchase ordinary shares of the Company shall notify such intention within 5 working days prior to each Exercise Date. In case of the last Exercise Date, the Warrant Holders shall notify such intention within 15 days prior to the last Exercise Date.
*The first adjustment is effective from 12 March 2018 onwards.