Report the Results of Warrant conversion (ESOP-4)
SET018/2007
July 16, 2007
The President The Stock Exchange of Thailand
Re : Report the Results of Warrant conversion to common shares (ESOP-4)
Since SVI Public Co., Ltd. has issued 5,500,000 warrants of ESOP, to have a right to exercise on ordinary shares, offering to the directors and employees with an exercise price at Baht 10.00 per share at the ratio of 1 warrant to 1 common share. The warrant holders can exercise their right as below, based on the maturity date of every year after permitted from the SEC s office.
1st Exercise date | 15th October 2006 | 2nd Exercise date | 15th January 2007 |
3rd Exercise date | 15th April 2007 | 4th Exercise date | 15th July 2007 |
5th Exercise date | 15th October 2007 | 6th Exercise date | 15th January 2008 |
7th Exercise date | 15th April 2008 | 8th Exercise date | 15th July 2008 |
9th Exercise date | 15th October 2008 |
Regarding the amendment of the Company s par value. Thus, the Exercise Ratio and Price of Warrants to Purchase Ordinary Shares of the Company are amended as balance 37,666,670 units 1 unit of warrant to 1 unit of ordinary share at exercise price of 1.00 Baht/share.
This exercise date is July 15, 2007. The company would like to report the results of warrant conversion to common shares as of July 15, 2007.
Individual Person |
Nationality |
No of Warrants |
No. of common shares |
4 |
Thai |
1,350,000 |
1,350,000 |
1 |
American |
300,000 |
300,000 |
Therefore, the number of unexercised warrant remains 36,016,670 units.
Please be informed accordingly.
Yours Faithfully,
(Ms. Pissamai Saibua)
Chief Financial Officer