No. ALL/CS_025/2022
18 August 2022
Subject: Notification of the offering date of newly issued ordinary shares to Private Placement No.1
and calculation of the offering price and comparison of the market price.
To:Director and Manager,
The Stock Exchange of Thailand.
According to the resolution of the Extraordinary General Meeting of shareholders No. 3/2022 of All Inspire Development Public Company Limited (the "Company") which was held on 5 August 2022, has resolved to approve the issuance and allocation of newly issued ordinary shares of the Company, whether once in full or several times, not exceeding 359,123,129 shares with the par value of 0.50 Baht per share to offer to a private placement, namely, Echelon Capital Holdings Limited ("Investor"), and has resolved to authorize the Board of Directors and/or Chief Executive Officer or any persons appointed by the Board of Directors and/or Chief Executive Officer to be the person who can determine the sale price of the shares which must not be lower than 90% of the market price of the Company's ordinary shares. The market price of the Company's ordinary shares determined to be equal to the weighted average price of the Company's shares during, retrospectively, 7 consecutive business days, but not more than 15 consecutive business days before the date of determining the sale price.
The Notification of the Capital Market Supervisory Board No. Tor Jor. 72/2015 regarding permission for listed companies to offer newly issued shares to Private Placement, section 8 (1), stipulates that the Company has to offer the approved shares in accordance with the resolution of the shareholders' meeting. Determination of the offering price must be made for the best benefit of the Company and overall shareholders and must not lower than the weighted average price of shares on the Stock Exchange of Thailand for at least 7 consecutive business days but not more than 15 consecutive business days before the date of determining the offering price. The price used for calculation of the weighted average price must be the daily average price of such shares . In this regard, the date for fixing the share offering price must be within 3 business days before the first offering day to the investor.
The Chief Executive Officer has set the price on 18 August 2022 by the average price of the Company's shares for the past 15 business days can be calculated as follows:
No. | Date | Volume | Amount (thousand | Average price |
(share) | Baht) | (Baht per share) | ||
1. | 25 JULY 2022 | 8,885,250.00 | 9,519,269.65 | 1.07 |
2. | 26 JULY 2022 | 240,656,345.00 | 262,689,405.74 | 1.09 |
3. | 27 JULY 2022 | 20,952,277.00 | 22,118,206.93 | 1.06 |
4. | 1 AUGUST 2022 | 10,525,541.00 | 11,167,353.47 | 1.06 |
5. | 2 AUGUST 2022 | 159,001,734.00 | 174,695,500.79 | 1.10 |
6. | 3 AUGUST 2022 | 111,473,926.00 | 122,875,970.69 | 1.10 |
7. | 4 AUGUST 2022 | 320,281,580.00 | 361,446,520.06 | 1.13 |
8. | 5 AUGUST 2022 | 54,952,453.00 | 62,372,576.39 | 1.14 |
9. | 8 AUGUST 2022 | 22,643,101.00 | 25,775,244.63 | 1.14 |
1
No. | Date | Volume | Amount (thousand | Average price | |
(share) | Baht) | (Baht per share) | |||
10. | 9 AUGUST 2022 | 10,795,440.00 | 12,382,813.29 | 1.15 | |
11. | 10 AUGUST 2022 | 11,847,800.00 | 13,503,641.00 | 1.14 | |
12. | 11 AUGUST 2022 | 32,430,031.00 | 35,599,337.14 | 1.10 | |
13. | 15 AUGUST 2022 | 22,563,001.00 | 24,363,087.07 | 1.08 | |
14. | 16 AUGUST 2022 | 21,272,457.00 | 22,487,755.74 | 1.06 | |
15. | 17 AUGUST 2022 | 34,308,305.00 | 35,938,297.26 | 1.05 | |
รวม | 1,082,589,241.00 | 1,196,934,978.85 | |||
ราคาถัวเฉลี่ยถ่วงน | 1.11 | ||||
ร้อยละ90 ของราคาถัวเฉลี่ยถ่วงน | 1.00 | ||||
Remark : | Data source www.set.or.th |
On 19 August 2022, the investor, Echelon Capital Holdings Limited, has subscribed the newly issued ordinary shares in the 25,000,000 amount of / shares with the price per share at 1.00 Baht which is not lower than 90% of the market price of the Company's ordinary shares and the investor has fully paid for the newly issued shares, the details of the subscription are as follows:
Investor name | Nature of | Number of | Offering | Amount | Shareholding |
business | Shares | Price (Baht) | (Baht) | proportion after | |
capital increase | |||||
(percent) | |||||
Echelon Capital | Funding solution | 25,000,000 | 1.00 | 25,000,000 | 3.34 |
Holdings Limited | to small and | ||||
medium size | |||||
public company in | |||||
southeast Asia | |||||
Remark: The person who has been allocated shares for this capital increase in not a connected person with the Company, according to the announcement of the Board of Governors of Stock Exchange of Thailand on subject Disclosure of Information and Practices of listed companies in connected transactions.
Therefore, investor is not subject to silent period. Whereby the market price will be calculated with two digits decimals
Please be informed accordingly
Sincerely yours,
(Mr. Thanakorn Thanawarith )
Chief Executive Officer
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All Inspire Development pcl published this content on 18 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2022 10:33:01 UTC.