Preferred Shares Information

Preferred Shares Terms
TICKER RABBIT-P
TYPE Preferred shares with specified dividend
ISSUE DATE 5 March 2018 and 25 May 2021
SPECIFIED DIVIDEND THB 0.22 per share per calendar year
DIVIDEND ENTITLEMENT Preferred shareholders are entitled to receive accumulated dividends for the calendar year from January 1, 2018, to December 31, 2022, at a rate of THB 0.22 per preferred share per calendar year, totaling THB 1.1 per share. In this regard, the preferred shares’ right to cumulative dividends during the calendar years between January 1, 2018 and December 31, 2022 shall remain until full payment of cumulative dividends to all holders of the preferred shares.
VOTING RIGHTS

The voting rights attached to the preferred shares are 1 share : 1 vote. However, this ratio shall be changed to 10 shares : 1 vote once:

  • After the Company has paid the cumulative dividends in full, or
  • After 31 December 2027
CONVERSATION RIGHTS Preferred shareholders may convert such preferred shares into ordinary shares at a ratio of 1 preferred share : 1 ordinary share. In this regard, preferred shareholders must submit a notice of conversion according to the form specified by the Company within 7 business days before the last day of March, June, September, and December of each year.
CONVERSATION RATIO 1 preferred shares : 1 ordinary share
ALLOCATION to existing shareholders at the ratio of 5 existing shares: 4 new preferred shares
MAXIMUM NO. ISSUED SHARES
up to 560,463,736,238 shares of which:
  • up to 26,384,191,176 (offered to BBL)
  • up to 470,197,192,120 (offered to existing shareholders)
  • up to 63,882,352,942 (offered to UE)
ACTUALLY ISSUED 374,057,516,140 shares (66.7% of maximum)