future growth plans. In terms of the progress on Tender Offer of Glow Energy Public Company Limited (GLOW), after the company have completed the Mandatory Tender Offer from GLOW which ended on the 22nd May
repaying short-term loan (Bridge Financing) that the company used to acquire Glow Energy Public Company Limited (“GLOW”) was completed in Q4/2019. The company has been successful following the capital
representing 30.89 percent of the total voting rights of GLOW). On 20 June 2018, GPSC and Engie Global Developments B.V. (“Engie” or the “Seller”) entered into the Share Purchase Agreement (the “SPA”) to
GLOW, equivalent to 30.89%. However, the purchase price will be adjusted, because GLOW has declared the dividend payment at the rate of Baht 1.177 per share. Consequently, the purchase price after the
amotization of the purchase price allocation of Glow IPP Power Plant. 6 Share of Profit from Investments in Associates and Joint Ventures is the Total Share of Profit from Investments in Associates and Joint
(Translation) 9 April 2019 Subject: Disclosure of Additional Information on the Tender Offer for the Securities of Glow Energy Public Company Limited (Form 247-4) No.1 Attention: Secretary-General
and GLOW. Accordingly, on this same day, the company and Engie Global Developments B.V. have entered into the agreement for amendment to the Share Purchase Agreement on June 20th, 2018, by including the
and GLOW. Accordingly, on this same day, the company and Engie Global Developments B.V. have entered into the agreement for amendment to the Share Purchase Agreement on June 20th, 2018, by including the
company had signed the Share Purchase Agreement (SPA) with Engie Global Development B.V. to purchase 69.11% shares of GLOW and to acquire the remaining shares of 30.89% through tender offer process. Subject
Dividends Received from Investments in Glow IPP Power Plant1. KEY HIGHLIGHTS We witnessesd solid performance from both Utilities and Power Business Utilities Business’s Operating Revenue was Baht 404.2