Notification on the completion of the share repurchase
23 November 2007
Tor.22/2550 November 22, 2007
Subject: Notification on the completion of the share repurchase project of a
subsidiary company
To: President
The Stock Exchange of Thailand
According to Loxbit Public Company Limited "Loxbit", a subsidiary
company of the Company, held the Extraordinary General Shareholders Meeting on
August 28, 2007 approved on the Share Repurchase Project for financial
management purpose. The Project was set maximum share repurchase amount of
Baht 58.59 million with the number of shares repurchased not more than
37,000,000 shares, equal to 9.86% of total of paid-up capital.
The Company was informed by "Loxbit" on November 21, 2007 that the share
repurchase was completed as the below details:
Shareholders number of amount per share total
repurchased shares (Baht/share) amount
Siam Investment Fund 2 L.P 24,017,244 1.58 38,028,252
Mitsui & Co., Ltd. 10,386,297 1.58 16,445,380
Mitsui & Co. (Thailand), Ltd. 2,596,459 1.58 4,111,162
37,000,000 58,584,794
The total share repurchased was 37,000,000 shares or 9.86% of total of
paid-up capital with total amount of Baht 58,584,794 achieving the maximum
amount of the Project approved in the "Loxbit" Extraordinary General
Shareholders meeting. According to the relevant regulations, the resale of the
shares to investors and/or public should be commenced 6 months after
completion of the shares repurchased or during the period of March 27,2008 to
March 27, 2011.
Please be notified accordingly.
Sincerely yours,
Loxley Public Company Limited
(Mr. Pichai Mooputtarak)
Secretary of Board of Director