BTS’ AGM Approves Dividend Payment of ฿0.42, and No-Cost Warrant at the Ratio of 10:1

BTS has announced that the resolution was approved the dividend payment at the rate of ฿0.42/share, and no-cost warrant to be allocated at 10:1.


BTS Group Holdings Public Company Limited (BTS) has announced the resolution of the 2019 Annual General Meeting of Shareholders, stating that a resolution was approved for the dividend payment for the fiscal year ended March 31, 2019 at the rate of ฿0.42/share or equivalent to the total dividend payment in the amount of approximately THB 5,125.5 million.

The dividend payment will be allocated from the net profit and inappropriate retained earnings pursuant to the separate financial statements. The ex-dividend date will be on 30 July, 2019 and the dividend payment date will on August 15, 2019.

Furthermore, a resolution was passed and approved for the issuance and allocation of the warrants to purchase the newly issued ordinary shares of BTS (BTS-W5) in the amount of not exceeding 1,319,569,451 units, to the existing shareholders of BTS on a pro rata basis to their respective shareholdings (rights offering), at no cost, at the allocation ratio of 10 existing ordinary shares for 1 unit of BTS-W5. The exercise ratio is 1 unit of the BTS-W5 Warrants for 1 ordinary share at the exercise price of ฿14.00/share.

Back to top button