Britania Public Company Limited Allocates Warrants to Existing Shareholders

The Stock Exchange of Thailand has issued a company announcement regarding the allocation of warrants to existing shareholders of Britania Public Company Limited. In accordance with the 2025 Annual General Meeting of Shareholders resolution, the company will distribute warrants to purchase newly issued ordinary shares to existing shareholders who have subscribed to the rights offering. The warrants, named BRI-W1 Warrants, will be allocated at an allocation ratio of 1 unit of the BRI-W1 Warrants for every 4 newly issued ordinary shares, at no cost to the shareholders.

Key Takeaways:

  • The Stock Exchange of Thailand has announced the allocation of 150,032,472 BRI-W1 Warrants to existing shareholders of Britania Public Company Limited.
  • The warrants are to be used to purchase newly issued ordinary shares of Britania Public Company Limited No. 1 (BRI-W1).
  • The allocation is based on the resolution of the 2025 Annual General Meeting of Shareholders held on 24 April 2025.
  • Existing shareholders who have subscribed to the rights offering will receive 1 unit of the BRI-W1 Warrants for every 4 newly issued ordinary shares.
  • The BRI-W1 Warrants are allocated at no cost to the shareholders.
  • Fractional BRI-W1 Warrants remaining from the calculation will be disregarded.
  • The allocation is in accordance with the resolution of the 2025 Annual General Meeting of Shareholders.

Statistics:

  • 150,032,472 units of BRI-W1 Warrants have been allocated to existing shareholders.
  • The allocation ratio is 1 unit of the BRI-W1 Warrants for every 4 newly issued ordinary shares.
  • The offering price of the newly issued ordinary shares is THB 2.50 per share.
  • The BRI-W1 Warrants will be used to purchase Singha-Thani Complex Tower, an office building on Sukhumvit road, Bangkok.

Sources:

  • Stock Exchange of Thailand - Company Announcement (no date mentioned in the original text)