BCPG successfully sells PP shares

BCPG successfully sells PP shares as planned, receiving 4.5 billion baht, reflecting the confidence of growth potential.








Mr. Bundit Saphianchai, President of BCPG Public Company Limited (BCPG) revealed that the Company's newly issued ordinary shares For the specific offering of shares to specific investors (PP) who have allocated the newly issued shares to
195.75 million shares of Pilgrim Partners Asia (Pte.) Ltd., accounting for 5.93% of the paid-up capital and Capital Asia Investments Pte. 195.75 million shares, equivalent to 5.93%, including the right to purchase ordinary shares (warrants) BCPG-W3 at the rate of 2.1924 capital increase shares per warrant, conversion price 8 baht, expiration 1 year, exercise ratio 1 per 1, which is scheduled to subscribe and pay for the newly issued ordinary shares on November 11, 2020, it turns out that the two companies have exercised their rights and have made payment for the purchase of newly issued shares.


The offering price is 11.50 baht per 391.5 million newly issued ordinary shares, totaling 4,502.25 million baht, without the offering value of BCPG-W3 warrant and with the exercise price of BCPG warrant- W3 at 8.00 baht per share for 178.6 million units, total สล็อต exercise value of 1,428.80 million baht, or the average offering price of 10.40 baht per share, which is an offering at a price less than 90 percent of the market price. The allocation of shares therefore is subject to being prohibited from selling shares within the specified period (Silent Period) according to the announcement of the Stock Exchange of Thailand.


“In response to this sale of PP shares to Pilgrim Partners Asia and Capital Asia Investments, the company will receive an immediate amount of 4,502.25 million baht and from the exercise of the warrants. The right to BCPG-W3 is 1428.80 million baht, reflecting investors' confidence in BCPG's growth potential. Committed to business development for stable and sustainable growth "