As The International Engineering Public Company Limited (“the company”) has issued and offered to sell Warrant to Purchase Ordinary Share of the company (IEC-W2), determining the exercise date to fall on the ending date of each quarter’s ending month (March, June, September, and December), 3 Years since the Warrant issuance and offering date of 23rd May 2016 and 1 unit of warrant has the right to purchase 1 newly issued ordinary share is set as follows: the 1st year (23rd May 2016. - 22nd May 2017.) : THB 0.025 per share (two point five satang); the 2nd year (23rd May 2017. - 22nd May 2018.) : THB 0.035 per share (three point five satang); the 3rd year (23rd May 2018. - 22nd May 2019.) : THB 0.045 per share (four point five satang)
The Company will inform, through the information distribution system of the SET, the information regarding the Notification Periods, exercise ratio, exercise price, and contact place at least 5 business days prior to the first date of each Notification Period.
The company would like to hereby announce the exercise schedule and exercise price for the Warrant to Purchase Ordinary Share of The International Engineering Public Company Limited (IEC-W2) 2nd round of exercise (September 2016) as follow:
1. Date & Time for Notifying Intent of Exercise
During 9 a.m. to 3.00 p.m., notifying intent of exercise within 5 business days before the exercise date. (Except for the last exercise date which requires within 15 days prior to the last exercise date, to deliver the notification). For the 2nd round of exercise (September 2016), the notification period is between 23 to 29 September 2016.
2. Exercise Date
During 9 a.m. to 3.00 p.m. of the last business day in March, June, September and December. The first exercise date is 30 June 2016 and the last exercise date is 22 May 2019 for the 2nd round of exercise (September 2016), the exercise date is 30 September 2016.
3. Exercise Price: THB 0.025 per share (two point five satang) 2nd round of exercise (September 2016)
4. Exercise Ratio: 1 unit of Warrant (IEC-W2) per 1 ordinary share
5. Required Documents When Making Warrant Exercise:
5.1 Duly and accurately, completed Exercise Form (The Warrant holders may request and obtain the Exercise Form for exercise at the company or download the Exercise Form from corporate website at www.iec.co.th under “Investor Relations” Section.)
5.2 A Warrant Certificate or a Certificate Representing the Warrants (In scriptless case)
5.3 Payment of the full amount as specified in the Exercise Form, by which the holders desirous of warrant exercise shall pay in cash, cheque, bank draft (collectible from branches in Bangkok) within 2 business days. The above payment instruments must be crossed and made "Account Payee Only", payable to "THE INTERNATIONAL ENGINEERING PUBLIC COMPANY LIMITED (Share Subscription Account)” or payment by wire transfer to "THE INTERNATIONAL ENGINEERING PUBLIC COMPANY LIMITED (Share Subscription Account)” Bangkok Bank PCL, Soi Ari Branch, Type of Account: Savings Account Number: 127-4-23551-2 Swift Code: BKKBTHBK, and the payment evidence must be presented to the company.
5.4 Evidence supporting warrant exercise in subscribing shares: Thai individual: Duly certified copy of identification card Foreign individual: Duly certified copy of passport Thai juristic person: Copy of company affidavit (issued not over 6 months) duly certified by authorized persons with company seal, and duly certified identification card or passport of the its authorized person(s) Foreign juristic person: Copy of certificate of incorporation (issued not over 6 months) certified by Notary Public, and duly certified by authorized persons with company seal, including duly certified identification card or passport of the its authorized person(s)
6. Venue for Exercise
The International Engineering Public Company Limited
408/37 Phaholyothin Place Building 9th Floor, Phaholyothin Road, Samsennai, Phaya Thai, Bangkok 10400
Tel: (66) 2619 0199 Ext. 109, 151, 156, 133, 134
Fax: (66) 2619 0019
7. Other Conditions
7.1 Name of warrant holder and owner of the securities trading account must be identical, in the event of securities trading account under a third party’s name, shares cannot be transferred to the true holder of shares.
7.2 Please input the correct broker code to avoid transfer errors, otherwise the shares may be transferred to other broker, and in this case, the company will not be responsible for the delay of tracking the lost shares.
7.3 Provided that the number of shares stated in the exercise form does not match with the amount of payment received, the company reserves the right to accord to the amount of payment received.
7.4 Holders of Warrants or Certificate Representing the Warrants are required to exercise their warrants, at a minimum subscription of 100 ordinary shares, and the exercised warrants must be in whole number, except the case where Holders of Warrants or Certificate Representing the Warrants are entitled to subscribe fewer than 100 ordinary shares, then he or she is required to exercise in full within a single round of exercise.
More details please refer to the Warrant Covenant of Rights and Duties of the Issuer and Holder of Warrant to Purchase Ordinary Share of The International Engineering Public Company Limited (IEC-W2) at www.iec.co.th under the section of “Investor Relations”.
Inquiries or questions please Tel: (66) 2619 0199 ext. 109, 151, 156, 133, 134
Fax: (66) 2619 0019.
Source: IEC investor relations
08/09/2016