SET Notification

Completion of acquisition of Partex Holding B.V.

4 November 2019

 
PTTEP 13061/00-11537/2019                                                                                                

Investor Relations
Tel. +66(0) 2537 4868, +66(0) 2537 5843            
 
 
4 November 2019
 
President
The Stock Exchange of Thailand
93 Ratchadapisek Road, Din Daeng
Bangkok 10400
 
Dear Sir,
 
Subject:           Completion of acquisition of Partex Holding B.V.
 
Reference is made to letter no. PTTEP 13061/00-6110/2019, dated 17 June 2019 by PTT Exploration and Production Public Company Limited (PTTEP) with respect to the signing of a Share Purchase Agreement (“SPA”) to acquire the 100% share capital of Partex Holding B.V. from Calouste Gulbenkian Foundation.
 
PTTEP wishes to announce that, on 4 November 2019, the conditions to Closing prescribed in the aforementioned agreement have been completed. As a result, the incremental petroleum sales volume to PTTEP is approximately 16,000 barrels of oil equivalent per day (BOED).
 
Please be informed accordingly.
 
 
Sincerely yours,
 
Phongsthorn Thavisin
 
Phongsthorn Thavisin
President and Chief Executive Officer