บมจ.เลขที่ 0107546000024
Ref. No. EM-IRCP71-65
August 9, 2022
Subject: Notification of conversion price calculation of the convertible debentures of International Research Corporation Public Company Limited
To: Director and Manager
The Stock Exchange of Thailand
According to International Research Corporation Public Company Limited ( " Company" ) has operated to offer and issue the newly convertible debentures pursuant to the Convertible Debentures Agreement for " International Research Corporation Public Company Limited long- term convertible debentures No. 5/2022 due 2025" to Advance Opportunities Fund I ("AO Fund I") is referred to as "the convertible debenture holder" , then the convertible debenture holder notified the conversion of convertible debenture on August 9, 2022 as follows;
The | Number of | Number of conversed | Remaining non-conversed | ||||||
Company's | convertible debentures | convertible debentures | convertible debentures | ||||||
convertible | (shares) | (shares) (August 9, 2022) | (shares) | ||||||
debentures | AO Fund | AO Fund I | Total | AO Fund | AO Fund I | Total | AO Fund | AO Fund I | Total |
No. 1/2022 | - | - | - | - | - | - | - | - | - |
No. 2/2022 | - | - | - | - | - | - | - | - | - |
No. 3/2022 | - | - | - | - | - | - | - | - | - |
No. 4/2022 | - | - | - | - | - | - | - | - | - |
No. 5/2022 | - | 10,000 | 10,000 | - | 10,000 | 10,000 | - | - | - |
No. 6/2022 | - | - | - | - | - | - | - | - | - |
No. 7/2022 | - | - | - | - | - | - | - | - | - |
No. 8/2022 | 10,000 | 10,000 | 20,000 | - | - | - | 10,000 | 10,000 | 20,000 |
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199 Column Tower 7th Floor Ratchadapisek Road, Khlong Toei Subdistrict, Khlong Toei District, Bangkok 10110 Thailand Tel : (66) 2 171 8601 Fax : (66) 2 171 8602 www.ircp.co.th
บมจ.เลขที่ 0107546000024
August 9, 2022
- AO Fund I notified the conversion of "International Research Corporation Public Company Limited long-term convertible debentures No. 5/2022 due 2025" of 10,000 shares (Baht 10 million) to 10,582,010 ordinary shares.
- The conversion price for AO Fund I of Baht 0.945 per share which is a convertible price of not less than 90 percent of the market price, which is calculated from the weighted aver- age price of the Company's shares in the SET for the past 15 business days.
The weighted average price of the Company's shares for the past 15 business days is as follows:
Date | Number of Shares | Total Value ('000 Baht) |
8/8/2022 | 27,329,586 | 30,584.38 |
5/8/2022 | 15,767,895 | 16,938.60 |
4/8/2022 | 2,673,003 | 2,757.80 |
3/8/2022 | 13,422,103 | 13,494.88 |
2/8/2022 | 5,158,204 | 5,402.74 |
1/8/2022 | 5,146,104 | 5,283.68 |
27/7/2022 | 3,969,320 | 3,969.78 |
26/7/2022 | 2,015,600 | 2,029.86 |
25/7/2022 | 4,234,369 | 4,260.45 |
22/7/2022 | 5,354,990 | 5,332.89 |
21/7/2022 | 11,475,656 | 11,725.61 |
20/7/2022 | 3,711,700 | 3,718.02 |
19/7/2022 | 7,851,773 | 7,933.93 |
18/7/2022 | 1,047,580 | 1,107.89 |
15/7/2022 | 3,874,740 | 4,030.98 |
Total | 113,032,623 | 118,571.49 |
Remark: Information from www.set.or.th
Weighted average market price (Baht/Share)
Trading Value
- Trading Volume
118,571,490
- 113,032,623
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199 Column Tower 7th Floor Ratchadapisek Road, Khlong Toei Subdistrict, Khlong Toei District, Bangkok 10110 Thailand Tel : (66) 2 171 8601 Fax : (66) 2 171 8602 www.ircp.co.th
บมจ.เลขที่ 0107546000024 | |||
= | 1.05 | ||
90% of the weighted average market price (Baht/Share) | = | 0.945 | |
Remark | Market price will be calculated by specifying 2 decimal places. | If the 3rd decimal place is 5 or more, it will be | |
rounded up. |
The conversion price of the Convertible Debentures will be calculated by specifying 3 decimal places. If the 4th decimal place is 5 or more, it will be rounded up.
The convertible price as of August 9, 2022 of Baht 0. 945 per share, which is not lower than 90 percent of the said weighted average price. Therefore, it does not meet the conditions that prohibit the sale of shares within 1 year from the date of receiving the convertible securities (Silent Period) pursuant to Notification of the Stock Exchange of Thailand, Re : Rules, Conditions and Procedures Governing the Listing of Ordinary or Preferred Shares Issued for Capital Increase B. E. 2558 (2015) , Convertible debenture holder will receive ordinary shares on August 9, 2022 of 10,582,010 shares and the Company's remaining ordinary shares being reserved for the next convertible debentures of 20,289,758 shares.
Please be informed accordingly
Sincerely yours,
Mr. Dan Hetrakul
Chief Executive Officer
Office of the Chief Executive Officer
Tel. 02-171-8601 Ext. 111
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199 Column Tower 7th Floor Ratchadapisek Road, Khlong Toei Subdistrict, Khlong Toei District, Bangkok 10110 Thailand Tel : (66) 2 171 8601 Fax : (66) 2 171 8602 www.ircp.co.th