Indorama Ventures PCL : Report of the Utilization of Capital Increase
January 23, 2018 at 04:04 pm IST
Share
Ref.No. IVL003/01/2018
23rd January 2018
President
The Stock Exchange of ThailandSubject:Report of the Utilization of Capital IncreaseIndorama Ventures Public Company Limited (the "Company" or "IVL") would like to inform that the Company received the amount of Baht 15,522,133,113.00 as the exercise price of warrants No. 1 and No. 2 ("IVL-W1" and/or "IVL-W2") representing the rights to purchase ordinary shares of the Company for the period July - December 2017 as detailed below:
Exercised
DateNos. of Exercised
UnitsExercise Price (THB)
per UnitTotal Amount
(THB)
12th Exercise of IVL-W1
Last Exercise of IVL-W1
1st Exercise of IVL-W2
31/07/2017 24/08/2017 31/10/2017
331,380,109
99,257,582
445,959
36 36 43
11,929,683,924.00
3,573,272,952.00
19,176,237.00
15,522,133,113.00
The Company would like to report that the proceeds have been used as detailed below:
Indorama Ventures pcl published this content on 23 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 January 2018 10:34:01 UTC.
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Indorama Ventures Public Company Limited is a Thailand-based petrochemicals producer. The Company operates through three segments: Combined PET, Integrated Oxides and Derivatives (IO), and Fibers. Its Combine PET segment manufactures and distributes polyethylene terephthalate (PET) value chain comprising Paraxylene (PX), Purified Terephthalic Acid (PTA), PET, and recycling (Integrated PET), PET preforms and packaging and specialty PET-related chemicals comprising PIA and NDC. Its Integrated Oxides and Derivatives segment manufactures and distributes integrated EG, integrated purified EO, PO/MTBE and integrated surfactants comprising EOA, LAB and others. Its Fiber segment manufactures and distributes polyester, rayon, nylon, polypropylene, composites and worsted wool fibers, for mobility, lifestyle and hygiene markets. The Company's products are used in health, personal hygiene, human safety and packaging solutions.