General Offer Acceptance Process for BPP Shareholders

Learn about the General Offer acceptance process for BPP shareholders under the proposed amalgamation between BANPU and BPP.
BANPU will proceed with a General Offer to purchase all remaining shares of BPP from other shareholders, for up to 21.34% of BPP’s total issued and outstanding shares at an offer price of THB 13.00 per share. Shareholders who intend to sell their shares may submit the acceptance form and the required supporting documents during the offer period from 1 to 23 December 2025.
Shareholders who retain their shares will be eligible to attend BPP’s online Extraordinary General Meeting of Shareholders (EGM) No. 1/2026 on 29 January 2026, where the proposed amalgamation and other related agenda items will be considered. If the amalgamation proceeds to completion following the approval process, shareholders would be subject to the allocation process for shares in the newly formed entity (“NewCo”) in accordance with the applicable share swap ratio.
For further information, please refer to https://cutt.ly/tttacOhQ or contact the Operations Department, Kiatnakin Phatra Securities Public Company Limited, at telephone +66 2 165 5555 (press 4), on every business day from 08:00 a.m. to 6:00 p.m.
*Shareholders are advised to beware of potential fraudsters impersonating the General Offer. All actions should proceed through the official channels and the sole Offer Agent appointed by the company.
