Ref : LT.F 127/2006
March 10, 2006
Subject Information concerning the exercise of TICON-W2 warrants
Attention The President
The Stock Exchange of Thailand
As 25.618 million units of TICON warrants were issued to the Company's
directors and selected employees during February 16, 2006, the Company
would like to notify that the first exercise date of TICON-W2 is on
March 31, 2006. The details of the exercise of TICON-W2 are as follows;
1.Exercise Ratio and Exercise Price
One warrant will be exercisable for 1.00952 new ordinary shares at
the price of Baht 8.965 per share
2.Notification Period and Obtaining of Exercise Notice Period
March 24 and 27 - 30, 2006, from 8.30 a.m. to 3.30 p.m.
3.Contact Place
Finance Department
TICON Industrial Connection Public Company Limited
Suite 1308, 13/1th Floor, Sathorn City Tower
175 South Sathorn Road, Thungmahamek,
Sathorn, Bangkok, 10120
Telephone number : 0-2679-6565
Facsimile number : 0-2287-3153
4.Exercise Procedure
Any holders who wish to exercise their warrants shall complete the
following actions and submit the following documents at the contact
place mentioned above:
1.A completed Exercise Notice ;
2.Certificates representing Warrants in the amount specified in the
Exercise Notice and, where applicable, authority for receiving the
Share Certificates and a new Warrant Certificate representing those
Warrants that are not exercised.
* Where the Warrants are in the scripless form, holders who wish to
exercise their right shall notify such intention and file the
completed application for withdrawal of the Warrant Certificates or
the issuance of certificates receipts in the form prescribed by
the SET with a securities company acting as their broker. Any
securities company shall notify the TSD (the Registrar) to request
withdrawal of the Certificates representing the Warrants to be
exercised, and the TSD shall issue the Certificates for holders to use
as supplementary evidence when exercising their Warrants.
3.Payment of the amount specified in the Exercise Notice by making
payment in the form of cheque, banker's draft, bank cheque or bank
payment order that can be cashed in the Bangkok Metropolitan area
and shall be made payable on March 31, 2006 to "TICON Industrial
Connection Public Company Limited for Shares Subscription" crossed
"Account Payee Only". Any such exercise will be deemed to be completed
when it is fully paid.
The Company allows holders to pay for the exercise of warrants directly
into bank account at the Savings Account named "TICON Industrial
Connection Public Company Limited for Shares Subscription" of Bangkok
Bank Public Company Limited, Sathorn Branch, account number
142-0-71813-0. Holders who do so must submit their original pay-in
slip showing the said payment to the Company.
4.Verification of Identification
1)Thai Individual Person :Signed copy of his/her Identification Card
2)Foreign Individual Person : Signed copy of his/her passport
3)Juristic Person : Signed copies of certificate of incorporation and
corporate affidavit and signed copies of the identification cards of
the authorized persons as per 1) or 2).
4)Foreign Juristic Person :Signed copies of certificate of incorporation
and corporate affidavit of a registry official which must be notarized
by a public notary and signed copies of the identification cards of
the authorized persons as per 1) or 2).
5.The number of Warrants to be exercised shall be an integer. Holders
are responsible for the payment of stamp duties arising from the
exercise of their Warrants.
Should you have any query, please contact to the contact place mentioned
above on the business day (Monday to Friday, from 8.30 a.m.to 5.00 p.m.)
Please be informed accordingly.
Yours faithfully,
(Miss Lalitphant Phiriyaphant)
Head of Finance