News Detail

Date/Time
24 Jul 2018 17:59:00
Headline
Notification on comparison of market price and offering price to Private Placement
Symbol
HYDRO
Source
HYDRO
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                (Translation)
No. 061/0761
    24 July 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 195,000,000 shares at a par value of THB 1 per share on a private
placement basis to pay in kind as a return for the company's entire business
transfer transaction from SUTG Holding Co., Ltd., such transaction included the
66 percent shares of SUT Global Co., Ltd. The offering price was at THB 1 per
share and company has successfully offered the shares on July 20, 2018.
      To comply 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 July 2, 2018 to
July 19, 2018, 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)
1    19-Jul-18    963,650.00    1,389,679.56
2    18-Jul-18    659,200.00    950,823.00
3    17-Jul-18    559,400.00    807,723.00
4    16-Jul-18    815,059.00    1,198,868.73
5    15-Jul-18    2,414,400.00    3,581,840.00
6    14-Jul-18    416,700.00    604,652.00
7    13-Jul-18    1,120,241.00    1,624,752.69
8    12-Jul-18    1,410,523.00    2,052,305.92
9    11-Jul-18    546,500.00    795,282.00
10    10-Jul-18    1,012,907.00    1,470,151.80
11    9-Jul-18    2,262,517.00    3,305,072.32
12    8-Jul-18    8,782,101.00    13,311,723.45
13    7-Jul-18    2,190,800.00    3,213,304.00
14    6-Jul-18    2,077,500.00    2,975,006.00
Source : SETSMART

The weighted average price for 14 consecutive days was THB 1.48 per share such 
offering price, which equal THB 1 per share, is lower than 90 percent of the
weighted average. The offering price has the discount of total 32.4 percent from
 the weighted average price.
Since the offering price is lower than 90% of weighted average price, the 
investor's shares are subject to the silent period in total of 195,000,000
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 25% of lock-up shares shall be released upon the condition of silent
 period.
Please be informed accordingly.

Yours sincerely,
Hydrotek Public Company Limited

-Signature-
(Mr. Slib Soongswang)
  Chief Executive Officer
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,
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losses and damages in any cases.  In case you have any inquiries or
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