Eureka Design Public Co., Ltd. 19 Moo 11 Tambon Ladsawai, Amphur Lamlukka, Pathumthani 12150, Thailand, www.eurekadesign.co.th Tel: +66(0)2-192-3737(Auto 11 Lines) Fax: +66(0)2-192-3731
No. ED-MD2022-0017
July 21, 2022 | ||
Subject | ||
Notification of conversion price calculation of the convertible debentures | (Revised) | |
Dear | The president | |
Stock Exchange of Thailand |
According to Eureka Design Public Company Limited ("the Company") entered into a convertible bond issuance contract and offered for selling newly issued convertible debentures of the company under the contract "convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, maturity in 2025, unsubordinated and unsecured" to Advance Opportunities Fund ("AOF") and Advance Opportunities Fund 1 ("AOF1"), collectively referred to as "Convertible Bondholders". On July 18, 2022 and July 21,2022, the debenture holders have exercised the conversion with the details as follows:
Balance of | ||||||||
The Company's | Number of | convertible | Exercise the right | Remaining | ||||
long-term | convertible | debentures before | to convert this | debentures after | ||||
convertible | bonds (units) | this exercise | time (unit) | conversion (units) | ||||
debentures | (units) | |||||||
AOF | AOF1 | AOF | AOF1 | AOF | AOF1 | AOF | AOF1 | |
NO. 1/2022 | 15,000 | 30,000 | - | 30,000 | - | - | - | 30,000 |
NO. 2/2022 | 15,000 | 15,000 | 15,000 | 15,00 | 15,000 | - | - | 15,000 |
TOTAL | 75,000 | 60,000 | 15,000 | 45,000 | ||||
On July 18, 2022 |
- AOF 1 does not notify the right to convert "Convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, due in 2025, unsubordinated and unsecured."
Eureka Design Public Co., Ltd.
19 Moo 11 Tambon Ladsawai, Amphur Lamlukka, Pathumthani 12150, Thailand, www.eurekadesign.co.th Tel: +66(0)2-192-3737 (Auto 11 Lines) Fax: +66(0)2-192-3731
- AOF notified the right to convert "Convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, due in 2025, unsubordinated and unsecured" amount 5,000 units (5 million baht) to 3,831,417ordinary shares
- The conversion price of AOF is equal to 1.305baht per share, which is considered a conversion price that is not lower than 90% of the market price. The market price is calculated from the weighted average price of the company's shares in the stock exchange of Thailand for the past 7-15 business days
The weighted average price of the Company's shares for the past 7 business days is as follows:
DATE | Volume (k.Shares) | Value (M.Baht) | ||||||||||||||||||
July 15, 2022 | 3837 | 5.417555 | ||||||||||||||||||
July 14, 2022 | 3033.7 | 4.307279 | ||||||||||||||||||
July 12, 2022 | 15984.5 | 22.634563 | ||||||||||||||||||
July 11, 2022 | 8721 | 13.002396 | ||||||||||||||||||
July 08, 2022 | 3636.8 | 5.356293 | ||||||||||||||||||
July 07, 2022 | 4238.4 | 6.339802 | ||||||||||||||||||
July 06, 2022 | 2781.4 | 4.004359 | ||||||||||||||||||
TOTAL | 42232.8 | 61.062247 | ||||||||||||||||||
Note: Data is from setsmart.com | ||||||||||||||||||||
Weighted average market price for 7 business days (Baht/Share) | = | share turnover / trading volume | ||||||||||||||||||
= | 1.45 | |||||||||||||||||||
90% of the weighted average market price (Baht/Share) | ||||||||||||||||||||
= | 1.305 |
The convertible price as of July 18, 2022, 1.305baht per share, is not lower than 90 percent of the market price. Therefore, it does not meet the conditions for prohibiting the sale of shares within 1 year from the date of receiving the convertible securities (Silent Period) according to Notification of the Stock Exchange of Thailand Subject Rules, Conditions and Procedures for governing the listing of ordinary shares or preferred shares issued for capital increase It is a registered securities B.E. 2558 (2015). The convertible debenture holder will receive shares arising from the conversion on July 18, 2022, amounting to 3,831,417shares, remaining shares to support the conversion, amounting to 348,796,781shares.
Eureka Design Public Co., Ltd.
19 Moo 11 Tambon Ladsawai, Amphur Lamlukka, Pathumthani 12150, Thailand, www.eurekadesign.co.th Tel: +66(0)2-192-3737 (Auto 11 Lines) Fax: +66(0)2-192-3731
On July 21, 2022
- AOF 1 does not notify the right to convert "Convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, due in 2025, unsubordinated and unsecured."
- AOF notified the right to convert "Convertible debentures granting the right to convert into ordinary shares of Eureka Design Public Company Limited No. 2/2022, due in 2025, unsubordinated and unsecured" amount 10,000 units (10 million baht) to 7,077,140ordinary shares
- The conversion price of AOF is equal to 1.413baht per share, which is considered a conversion price that is not lower than 90% of the market price. The market price is calculated from the weighted average price of the company's shares in the stock exchange of Thailand for the past 7-15 business days
The weighted average price of the Company's shares for the past 14 business days is as follows:
DATE | |||||||||||||||||||||
Volume (k.Shares) | Value (M.Baht) | ||||||||||||||||||||
July 20, 2022 | 45642.8 | 71.039356 | |||||||||||||||||||
July 19, 2022 | 146068.2 | 235.762292 | |||||||||||||||||||
July 18, 2022 | 6622.4 | 9.570027 | |||||||||||||||||||
July 15, 2022 | 3837 | 5.417555 | |||||||||||||||||||
July 14, 2022 | 3033.7 | 4.307279 | |||||||||||||||||||
July 12, 2022 | 15984.5 | 22.634563 | |||||||||||||||||||
July 11, 2022 | 8721 | 13.002396 | |||||||||||||||||||
July 08, 2022 | 3636.8 | 5.356293 | |||||||||||||||||||
July 07, 2022 | 4238.4 | 6.339802 | |||||||||||||||||||
July 06, 2022 | 2781.4 | 4.004359 | |||||||||||||||||||
July 05, 2022 | 5536.1 | 8.078338 | |||||||||||||||||||
July 04, 2022 | 2368.5 | 3.58745 | |||||||||||||||||||
July 01, 2022 | 2941 | 4.503879 | |||||||||||||||||||
June 30, 2022 | 2290.6 | 3.534968 | |||||||||||||||||||
TOTAL | 253702.4 | 397.138557 |
Note: Data is from setsmart.com
Eureka Design Public Co., Ltd.
19 Moo 11 Tambon Ladsawai, Amphur Lamlukka, Pathumthani 12150, Thailand, www.eurekadesign.co.th Tel: +66(0)2-192-3737 (Auto 11 Lines) Fax: +66(0)2-192-3731
Weighted average market price for 14 business days (Baht/Share)
90% of the weighted average market price (Baht/Share)
- share turnover / trading volume
- 1.57
- 1.413
The convertible price as of July 21, 2022, 1.413baht per share, is not lower than 90 percent of the market price. Therefore, it does not meet the conditions for prohibiting the sale of shares within 1 year from the date of receiving the convertible securities (Silent Period) according to Notification of the Stock Exchange of Thailand Subject Rules, Conditions and Procedures for governing the listing of ordinary shares or preferred shares issued for capital increase It is a registered securities B.E. 2558 (2015). The convertible debenture holder will receive shares arising from the conversion on July 21, 2022, amounting to 7,077,140shares, remaining shares to support the conversion, amounting to 345,551,058shares.
Please be informed accordingly.
Yours sincerely,
(Miss. Sunisa Jirawuttikul)
Chief Executive Officer/Director
company secretary department
phone. 098-901-4144 (Mr.Piyapot Keawjamlong) Company Secretary
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Eureka Design pcl published this content on 02 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 August 2022 13:11:03 UTC.