Headline: | Report on the results of the Exercise of convertible debentures (F53-5) |
Security Symbol: | TNDT |
Announcement Details
Report on the results of sale of securities (F53-5)
Name of Company THAI NONDESTRUCTIVE TESTING PUBLIC COMPANY LIMITED
Date 05-Aug-2022
Report on the results of the Exercise of convertible securities as follow
Name of Convertible debentures
Thai Nondestructive Testing Public Company Limited's long-term convertible debentures No. 3/2022 due 2024
Number of | Number of non | Ratio | Conversion | Number of shares | Number of | |
conversed | (Convertible | Exercise | derived from | |||
conversed convertible | Price | remaining shares | ||||
convertible | debentures : | Date | conversion | |||
debentures (shares) | debentures (shares) | shares) | (baht/share) | (shares) | reserved (shares) | |
2,000 | 2,000 | 1.00 : 1633.99 | 0.612 | From | 3,267,973 | 117,738,485 |
05-Aug-2022 | ||||||
To | ||||||
05-Aug-2022 |
Summary
Total excercised shares / converted shares (common 3,267,973 shares)
Remark
The convertible debenture holders who have exercise: Advance Opportunities Fund 1
Conversion Ratio: Principle amount of the Convertible Debentures divided by the conversion price
Conversion price: 90.00 percent of market price of the company's share on the Stock Exchange of Thailand for the past 7-15 consecutive business days before the conversion date is between 25 July 2022 to 4 August 2022. The weighted average price is 0.68 Baht per share and the conversion price is 0.612 Baht per sharewhich is not less than 90.00 percent weighted average price. Therefore, it does not meet the criteria that prohibit the convertible debenture holders from selling the newly issued ordinary shares within one year from the date that the convertible debenture holders received the convertible securities (SilentPeriod). However, the weighted average price calculated from closing price or weighted average price by trading volume in each business day (Floating Conversion Price) The company has issued and offered of Convertible Debentures as follows
No. 3/2022 Issuance and offering of Convertible Debentures on 15 July 2022 at the amount of 10 million Baht (10,000 units). The convertible debenture holders by Advance Opportunities Fund 1 have exercised their conversion rights on 18 July 2022 at the amount of 3,000,000 Baht (3,000 units), 26 July 2022 at the amount of 3,000,000 Baht (3,000 units) and 5 August 2022 at the amount of 2,000,000 Baht (2,000 units). The balance of convertible debentures of No.3/2022 which are not exercised at the amount of 2,000,000 Baht (2,000 units).
Signature ________________________________ | Signature ________________________________ |
(Miss Chomduen Satavuthi) | (Mr. Suwat Dangpibulskul) |
Director | Director |
Authorized to sign on behalf of the company | Authorized to sign on behalf of the company |
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