Date/Time
30 Mar 2022 13:22:47
Headline
Right Adjustment of EE-W1 (Edit)
Symbol
EE
Source
EE
Full Detailed News
                Right adjustment / No right adjustment

Subject                                  : Right Adjustment
Symbol                                   : EE-W1
The full name of warrant                 : Warrant of ETERNAL ENERGY PUBLIC 
COMPANY LIMITED No. 1
Adjustment                               (Update)
Type of adjustment                       : Adjustment of exercise ratio
     Before adjustment exercise ratio    : 1 : 1
(unit : share)
     After adjustment exercise ratio     : 1 : 1.4825
(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            : 30-Mar-2022
Remark (New)                             :
Edit  due to term of rights Clause 3.3.4 page 25 of the Terms and Conditions 
Governing Rights and Obligations of the Warrant Issuer and the Warrant Holders
of EE-W1, in the case that the right adjustment results in the new exercise
price lower than the par value of the Company's shares, the new exercise price
shall be the par value of the Company's ordinary's shares. For the new exercise
ratio, the exercise ratio calculated under Clause (a) to (f) shall be used.
Authorized Persons to Disclose           : Mr.Worasak  Kriengkomol
Information
Position                                 : Authorized Director

______________________________________________________________________
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.

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Eternal Energy pcl published this content on 30 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2022 06:34:03 UTC.