No Dissenting Shareholders Offer Stocks to GULF after Voting Against Amalgamation

Gulf Energy Development Public Company Limited (SET: GULF) has announced that there are no dissenting shareholders who have expressed their intention to sell shares of GULF and Intouch Holdings Public Company Limited (SET: INTUCH) to the company.

Reference is made to the notification to the Stock Exchange of Thailand (the “SET”) by Gulf Energy Development Public Company Limited (the “Company”) dated October 9, 2024 regarding the arrangement for a purchaser to purchase shares of the Company from the shareholders attending the shareholders’ meeting and voting against the amalgamation between the Company and Intouch Holdings Public Company Limited in the Extraordinary General Meeting of Shareholders No. 1/2024 of the Company (the “Dissenting Shareholders”), at the price of THB 56.50 per share, with the period of purchasing shares from October 17 to 30, 2024, as detailed in the Reference.

Additionally, the same offer was made to INTUCH’s shareholders at the price of THB91.00 per share.