TMB Sets Exercise TSR Price at ฿1.40, Allocation Ratio at 1.444533 Existing Share:1 TSR

TMB Bank Public Company Limited (TMB) has announced that at the extraordinary general meeting of shareholders of TMB no. 1/2562, held on 23 September 2019, a shareholders’ resolution was adopted to approve an issue of up to 31,481,481,482 TSRs to be allocated for free on a pro rata basis to TMB’s existing shareholders.

The allocation ratio is a minimum of 1.39 existing shares to 1 TSR (a fractional number of TSRs (if any) will be rounded down). Each TSR is exchangeable for one new ordinary share. TMB wishes to derive the maximum proceeds of 42.5 billion baht from this issue of TSRs.

In this connection, the Chief Executive Officer, as authorized by the resolution of the EGM 1/2019, considered the determination of the exercise price, the allocation ratio and all other details relating to the TSRs as determined as follows:

Total issuing number: 30,357,141,795 units

Exercise price: THB 1.40 per share

Allocation ratio: 1.444533 existing shares to one TSR (a fractional number of TSRs (if any) will be rounded down)

Record date: 27 September 2019

Share purchase date: Will be determined later