SET Notification

Proposed Dividend for Year 2020

28 January 2021

 
PTTEP 13061/00-0880/2021                                                                                  

Investor Relations                                                                         
Tel. +66(0) 2537 4259, +66(0) 2537 4891
 
28 January 2021
 
President
The Stock Exchange of Thailand
93 Ratchadapisek Road, Din Daeng
Bangkok 10400
 
Dear Sir,
 
 
Subject:           Proposed Dividend for Year 2020
 
 
PTT Exploration and Production Public Company Limited, or PTTEP, is pleased to announce that the Board of Directors of the Company, at meeting No. 1/2564/491 on 28 January 2021, passed a resolution to propose the 2020 dividend payment of Baht 4.25 per share to the 2021 Annual General Shareholders’ Meeting for approval. The Company has made an interim dividend payment to the shareholders for the first-half-year operations of 2020 at the rate of Baht 1.50 per share, and still has to pay the remaining dividend at the rate of Baht 2.75 per share, which will be paid from unappropriated retained earnings under the Petroleum Income Tax Act.

PTTEP has set 2 March 2021 as the Record Date to receive the dividend. The dividend payment of Baht 2.75 per share will be paid on 26 April 2021, after obtaining approval from the 2021 Annual General Shareholders’ Meeting. Moreover, when PTTEP has set a meeting date, PTTEP will proceed to notify the meeting date, the agenda of the meeting and send out the invitation letter for the 2021 Annual General Shareholders’ Meeting (AGM).
 
Please be informed accordingly.       
 
Sincerely yours,
 
Phongsthorn Thavisin
 
Phongsthorn Thavisin
Chief Executive Officer