109
Amounts of defined benefit obligation for the current and previous four periods are as follows: (Unit: Thousand Baht)
Defined benefit obligation Consolidated Separate financial financial statements statements
Year 2012 Year 2011 Year 2010 Year 2009 Year 2008
92,235 64,383 36,736 31,397 26,468
56,642 45,010 36,736 31,397 26,468
Experience adjustments arising on the plan liabilities Consolidated Separate financial financial statements statements
8,154 (56) 8,967 - -
8,154 (56) 8,967 -
27. Warrants
On 2 April 2012, the Company allotted warrants under Employee Stock Option Plan (ESOP 2011) to employees of the Company and its subsidiaries for 200,000,000 units. The details are as follows: No. of securities offered : 200,000,000 units No. of shares reserved for exercise : 200,000,000 shares Term : 3 years from the issuance date of warrants Offering date : 2 April 2012 Expiry date : 2 April 2015 Offering price : 0 Baht Exercise price : 2.80 Baht per share Exercise ratio : 1 ordinary share per 1 warrant. The exercise ratio may be changed following the conditions for adjustment of right. Allotment method : 30% of total issued warrants of 60,000,000 units will be allotted directly to the employees of the Company and its subsidiaries on 2 April 2012, and 70% of total issued warrants of 140,000,000 units will be allotted through intermediary for future allotments in the second and third year upon future performance of each employee. Lock-up period : 30% of total issued warrants of 60,000,000 units will be allotted directly to employees of the Company and its subsidiaries as at the offering date and shall be subject to 1 year lock-up period after the offering date. The Company will make a written agreement pertaining to the lock-up period with all allotted employees. 70% of total issued warrants of 140,000,000 units allotted through intermediary shall be subject to a 2 year lock-up period after the offering date.
ANNUAL REPORT 2012