Thai Airways International Public Company Limited (SET: THAI) has officially notified the Stock Exchange of Thailand regarding the upcoming expiration of the lock-up period for shares allocated through its debt-to-equity conversion. The expiration, scheduled for the end of August 3, 2026, marks the release of the remaining 75% of shares held by creditors and strategic shareholders.
In total, 19,802,574,214 shares, representing 70.0% of the company’s total issued shares, will be released from the Creditors’ Lock-up Requirement and the Silent Period Requirement. This move follows the successful completion of the company’s capital restructuring under its business rehabilitation plan.
Eligible shareholders and creditors have two primary options for receiving their share certificates:
- Option 1: Physical Share Certificates: Certificates will be delivered via Express Mail Service (EMS) starting the afternoon of August 3, 2026.
- Option 2: Scripless Form: Shares can be deposited directly into the Issuer Account (Account No. 600) maintained with the Thailand Securities Depository (TSD).
Shareholders must express their preference between June 19 and July 3, 2026, via the company’s designated online form or QR code. Those who fail to submit their intent or provide incomplete information will automatically be assigned Option 1. For those choosing the scripless method, the company aims for the shares to be ready for potential trading by August 4, 2026, provided all TSD requirements are satisfied.
Shareholders wishing to update their mailing addresses must do so through the TSD Investor Portal by July 14, 2026, or via physical documents by July 8, 2026.
