Shares will be sold at a final price of 142 baht apiece. This figure was determined through a book-building exercise compared to the 154 baht per share closing price on 29 November — the day preceding the offer.
“The final offering price reflects current market demand for PTTEP’s newly-issued ordinary shares,” said PTTEP chief executive Tevin Vongvanich.
PTTEP will offer 650 million ordinary shares.
