EUREKA DESIGN 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-MD2022-0015
June 27, 2022 | |
Subject | Notification of conversion price calculation of the convertible debentures |
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. 1/2022, maturity in 2025, unsubordinated and unsecured" to Advance Opportunities Fund ("AOF") and Advance Opportunities Fund 1 ("AOF1"), collectively referred to as "Convertible Bondholders". On June 27, 2022, the debenture holders have exercised the conversion with the details as follows:
The Company's | Number of | Balance of | Exercise the right to | Remaining | ||||
convertible | ||||||||
long-term | convertible bonds | convert this time | debentures after | |||||
debentures before | ||||||||
convertible | (units) | (unit) | conversion (units) | |||||
this exercise (units) | ||||||||
debentures | ||||||||
AOF | AOF1 | AOF | AOF1 | AOF | AOF1 | AOF | AOF1 | |
NO. 1/2022 | 15,000 | 30,000 | 15,000 | 30,000 | 2,000 | 0 | 8,000 | 30,000 |
TOTAL | 45,000 | 45,000 | 2,000 | 38,000 |
On June 27, 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. 1/2022, 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. 1/2022, due in 2025, unsubordinated and unsecured" amount 2,000 units (2 million baht) to 1,415,428 ordinary shares
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
- The conversion price of AOF is equal to 1.413 baht 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 (shares) | Value (thousand baht) | |
June 24, 2022 | 2,641,800 | 4,089.00 | |
June 23, 2022 | 3,171,200 | 4,910.62 | |
June 22, 2022 | 2,931,100 | 4,543.97 | |
June 21, 2022 | 2,704,200 | 4,317.11 | |
June 20, 2022 | 1,755,100 | 2,806.38 | |
June 17, 2022 | 2,492,031 | 4,019.02 | |
June 16, 2022 | 3,636,100 | 5,756.61 | |
TOTAL | 19,331,531 | 30,443.00 | |
Weighted average market price for 7 business days (Baht/Share) | = | share turnover / trading volume | |
= | 30,442,710 / 19,331,531 | ||
= | 1.57 | ||
90% of the weighted average market price (Baht/Share) | = | 1.413 |
The convertible price as of June 27, 2022, 1.413 baht 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 June 27, 2022, amounting to 1,415,428 shares, remaining shares to support the conversion, amounting to 358,476,151 shares.
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
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 27 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2022 12:34:03 UTC.
