Thai Nondestructive Testing Public : Report on the results of the Exercise of convertible debentures (F53-5)
July 27, 2022 at 04:14 pm IST
Share
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 27-Jul-2022
Report on the results of the Exercise of convertible securities as follow
Number of conversed
Number of non
Ratio
Conversion
Number of shares
Number of
(Convertible
Exercise
Name of Convertible debentures
convertible
conversed convertible
Price
derived from
remaining shares
debentures :
Date
debentures (shares)
debentures (shares)
shares)
(baht/share)
conversion (shares)
reserved (shares)
Thai Nondestructive Testing Public
1,000
4,000
1.00 :
0.63
From
1,587,301
122,616,763
Company Limited's long-term convertible
1587.301
27-Jul-2022
debentures No. 4/2022 due 2024
To
27-Jul-2022
Summary
Total excercised shares / converted shares (common
1,587,301
shares)
Remark
The convertible debenture holders who have exercise: Advance Opportunities Fund
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 18 July 2022 to 26 July 2022. The weighted average price is 0.70 Baht per share and the conversion price is 0.630 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. 4/2022 Issuance and offering of Convertible Debentures on 22 July 2022 at the amount of 5 million Baht (5,000 units). The convertible debenture holders by Advance Opportunities Fund have exercised their conversion rights on 27 July 2022 at the amount of 1 million Baht (1,000 units). The balance of convertible debentures of No.4/2022 which are not exercised at the amount of 4 million Baht (4,000 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
This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.
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Thai Nondestructive Testing pcl published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 10:43:10 UTC.
Thai Nondestructive Testing Public Company Limited is a Thailand-based technical service company engaged in rendering nondestructive engineering services. Its segments include nondestructive testing services, inspection services for pressure vessels, Electron Beam, Sale solar-power electricity and Contractor service relating to solar PV rooftop system. It is operating engineering safety inspection, testing and certifying critical equipment in the industrial sector by using non-destructive techniques (Non - destructive Testing - NDT). Its NDT services include conventional and advanced testing services. Its conventional NDT services include eddy current testing, magnetic particle testing, coating holiday detector, visual inspection, ultrasonic testing, leak testing, alternative current field measurement, and thermography image. Its advanced NDT services include column scanning, neutron backscattering, acoustic emission testing, advanced ultrasonic testing, and computerized radiography.