PTT Exploration and Production Tender Offer Extension - More Than 80% Tendered

BANGKOK, Nov. 26, 2019 /PRNewswire/ -- Reference is made to the announcement dated November 15, 2019 (the "November 15, Announcement") made by PTT Exploration and Production Public Company Limited (the "Company") in relation to the Tender Offer made by the Company in respect of the U.S.$500,000,000 Subordinated Perpetual Capital Securities issued by PTTEP Treasury Center Company Limited and fully and unconditionally guaranteed on a subordinated basis by the Company (CUSIP, ISIN and Common Code: Y7150M AA5/USY7150MAA54/164939448 (Regulation S) and 69371M AA5/US69371MAA53/164978508 (Rule 144A)) (the "Existing Securities"). Unless otherwise defined herein, all capitalized terms used in this announcement shall have the meanings given to them in the November 15, Announcement.

The Company wishes to notify the holders of the Existing Securities that as at 11:59 a.m. (Hong Kong time) on November 26, 2019, 80 per cent. or more of the principal amount of the Existing Securities have been validly tendered and the Tender Offer has been extended and the Expiration Deadline for the Tender Offer will now be 6:00 a.m. (Hong Kong time) on December 4, 2019 (the "New Expiration Deadline").

Pursuant to the New Expiration Deadline:

(a) the Withdrawal Deadline shall be 6:00 a.m. (Hong Kong time) on December 4, 2019;

(b) the Guaranteed Delivery Date shall be 5:00 p.m. (New York time) on December 5, 2019; and

(c) the Settlement Date is expected to be on or about December 6, 2019.

The Tender Consideration shall be the Revised Price of U.S.$1,046.25 for each U.S.$1,000 principal amount of Existing Securities validly tendered and accepted for purchase as set out in the Tender Offer Memorandum.

Further Information

Holders are advised to read carefully the Tender Offer Memorandum for full details of and information on the procedures for participating in the Tender Offer. Copies of the Tender Offer Memorandum are available, subject to offer and distribution restrictions, on the Tender Offer Website: https://sites.dfkingltd.com/pttep

Requests for information in relation to the Tender Offer should be directed to:

        
           
              Citigroup Global Markets Inc.              
           
              The Hongkong and Shanghai Banking

              
            390 Greenwich St, 1st Floor                          
            
              Corporation Limited

                  
            New York, NY 10013                                
            Level 17, HSBC Main Building

               
            United States of America                                
            1 Queen's Road Central

            
            Telephone: +1 212 723 6106 (New                                  
            Hong Kong

                         
            York)                                  
           Telephone: +1 212 525 5552 (New York)

               
            +44 20 7986 8969 (London)                                                  
            +44 20 7992 6237 (London)

              
            +852 2501 2552 (Hong Kong)                                                 
            +852 2822 4100 (Hong Kong)

                        
            E-mail:                                               
            E-mail:

                                liabilitymanagement.asia@citi.com      
           
              liability.management@hsbcib.com

            
            Attention: Debt Syndicate Desk                      
           Attention: Liability Management Group

                                                                  ---



     
           
              Merrill Lynch (Singapore) Pte. Ltd.                  
            
              Société Générale

                    
            50 Collyer Quay                                   
            29, boulevard Haussmann

                  
            #14-01 OUE Bayfront                                       
            75009 Paris

                   
            Singapore 049321                                            
            France

       
           Telephone: +1 888 292 0070 (U.S. Toll-Free)               
           Telephone: +65 63 26 70 34 (Singapore)

               
            +44 20 7996 5420 (London)                                                  
            +33 1 42 13 32 40 (Paris)

               
            +65 6678 0000 (Singapore)                                          
            +1 855 881 2108  (U.S. Toll-Free)

              
            E-mail: DG.LM-EMEA@bofa.com                       
           Email: liability.management@sgcib.com

          Attention: Debt Capital Markets /Liability Management            
            Attention: Liability Management

                                                                  ---

Requests for information in relation to the procedures for tendering Existing Securities and participating in the Tender Offer and the submission of an electronic instruction or submission should be directed to the Information and Tender Agent:

          
              
                D.F. King Limited


             In Hong
               Kong:              
              
                In London:

     Suite 1601,
        16/F,
       Central
        Tower                        
              65 Gresham Street

     28 Queen's
         Road
       Central                        
              London EC2V 7NQ

      Central,
      Hong Kong                       
              United Kingdom

     Telephone:
      +852 3953
         7230                           By Telephone: (+44) 20 7920 9700




                                                    In New York:


       48 Wall
       Street -
     22nd floor,                    Banks and Brokers call: +1 212 269 5550

      New York,                      All others call Toll-Free: +1 800 488
                                                       8075

      New York
        10005                       By Facsimile Transmission (for Eligible
                                 Institutions only): +1 212 709 3328
                  
              United States
                                       For Confirmation: +1 212 269 5552

                                  
              Attention: Andrew Beck




            
              Email: pttep@dfkingltd.com

                     Tender Offer Website: https://
                        sites.dfkingltd.com/pttep

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SOURCE PTT Exploration and Production Public Company Limited