News Detail

Date/Time
09 Jan 2018 20:08:00
Headline
Notification on comparison of market price and offering price to Private Placement
Symbol
HYDRO
Source
HYDRO
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                (Translation)
No. 004/0161

9 January 2018

Subject:    Notification on comparison of market price and offering price to 
Private Placement
To:    The President
    The Stock Exchange of Thailand

Pursuant to the company's extraordinary meeting regarding the capital increase, 
Hydrotek Public Company Limited ("the Company") has issued the capital increase
shares of 100,000,000 shares at par value of THB 1 per share on a private
placement basis for 2 investors and allocated the remaining shares after the
rights offering of total 3,484,688 shares at par value of THB 1 per share on a
private placement basis for 1 investor. The offering price was at THB 1 per
share and company offered the shares for investor during 22-29 December 2017.
To be in compliance with the Notification of the Stock Exchange of Thailand Re: 
Rules, Conditions and Procedures Governing the Listing of Ordinary or
Preferences Shares Issued for Capital Increase B.E.2558, the Company must inform
market price dating back not less than 7 consecutive business days but not
exceeding the past 15 consecutive working days prior to the date of the offering
price. The Company has informed the market price during the period from
November 30, 2017 to December 21, 2017, and the weight average price of the
Company's shares on the Stock Exchange of Thailand as follows:
No.    Date    Quantity of purchase and sales
(Shares)    Value of purchase and sale (THB)    Average Price (THB)
1    21 December 2560    798,300    1,427,738    1.79
2    20 December 2560    1,628,901    2,908,112    1.79
3    19 December 2560    833,200    1,528,351    1.83
4    18 December 2560    383,300    711,988    1.86
5    15 December 2560    554,963    1,038,677    1.87
6    14 December 2560    1,652,301    3,149,831    1.91
7    13 December 2560    33,334,351    50,479,313    1.51
8    12 December 2560    8,241,701    16,537,738    2.01
9    8 December 2560    853,500    1,622,521    1.90
10    7 December 2560    1,042,300    1,968,553    1.89
11    6 December 2560    434,300    843,646    1.94
12    4 December 2560    273,500    541,628    1.98
13    1 December 2560    402,300    809,487    2.01
14    30 November 2560    1,965,200    3,952,471    2.01

The weighted average price for 14 consecutive days is THB 1.88 per share. The 
offering price is lower than 90 percent of the weighted average price.(Source :
SETSMART)
    Since the offering price is THB 1 per share when compare to the 90 percent of 
the weighted average price is THB 1.88 per share which is the price lower than
90% of weighted average price of the Stock Exchange of Thailand's notification.
Therefore, the 2 investors' shares are subject to the silent period in total of
103,484,688 shares for a period of 1 years ("Silent Period") on the date that
shares are allowed to trade in the Stock Exchange of Thailand. After the 6
months silent period, the 2 investors shall be gradually released the 25% of
lock-up shares.

Please be informed accordingly.


Yours sincerely,
Hydrotek Public Company Limited

-Signature-
(Mr. Slib Soongswang)
Director
Authorized Signatory
______________________________________________________________________
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.