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Report on the results of the exercise of warrants (ESOP)

BackNov 06, 2008

SF 496/08

November 5th, 2008

Subject: Report on the results of the exercise of warrants (ESOP)

To: The President The Stock Exchange of Thailand

Siam Future Development Public Company Limited had allotted 15,000,000 units of 5-year warrants (ESOP) to directors and employees on January 17th, 2007 which can be exercised by the following conditions: 1 year after granted, the warrant holders can exercise not more than 40% of the warrants allocated; 2 years after granted, the warrant holders can exercise not more than 70% of the warrants allocated; after 3 years, the warrant holders can exercise fully 100% of the warrants allocated. The exercise date is on the last date of every month. The warrant holders have the right to purchase common shares of the company at the exercise ratio of 1 warrant for 1 new ordinary share at the exercise price of Baht 6.94 per share according to the criteria and conditions specified in the prospectus.

The company would like to report the results of the exercise of warrant (ESOP) which was exercised on August 29th, September 30th and October 31st, 2008 as follows:

1. Number of warrant holders application
-
Persons
2. Number of warrant holders exercise
-
Persons
3. Number of warrants being exercised
-
Units
4. Number of shares resulted from the exercise
-
Shares
5. Number of warrants remains unexercised
10,793,525
Units
6. Number of shares reserved for the exercise
20,793,525
Shares

Please be informed accordingly.

 

Yours sincerely,

 

(Mr. Somnuk Pojkasemsin)
President

 

Attachments

  • 2008-11-06_sf001E.pdf (Size: 27,201 bytes)