10 May 2022 12:54:00
Report on the results of the Exercise of convertible debentures (F53-5)
Report on the result of exercise of other convertible securities (F53-5) Report date of securities allocation : 10-May-2022 Exercised securities Convertible debentures Common shares Name of Convertible debentures : Convertible debentures granting the right to convert into ordinary shares of JKN Global Media Public Company Limited No.1/2022, due in 2025, unsubordinated and unsecured Number of conversed convertible : 10,000 debentures (shares) Number of non conversed : 45,000 convertible debentures (shares) Ratio (Convertible debentures : : 1 : 172.8011 shares) Conversion Price (baht/share) : 5.787 Exercise Date : From 05-May-2022 Number of shares derived from : 1,728,011 conversion (shares) Number of remaining shares : 120,130,239 reserved (shares) Remark : The convertible debenture holders who have exercise: Advance Opportunities Fund Conversion Ratio: The principal amount of the convertible debenture to be converted divided by the conversion price. Conversion price: 90.00 percent of market price of the company's share on the Stock Exchange of Thailand for the past 7-15 consecutive business days before the conversion date is between April 22, 2022 to May 5, 2022. The weighted average price is 6.43 Baht per share and the conversion price is 5.787 Baht per share which is not less than 90.00 percent weighted average price. Therefore, it does not meet the criteria that prohibit the convertible debenture holders from selling the newly issued ordinary shares within one year from the date that the convertible debenture holders received the convertible securities (Silent Period). However, the weighted average price calculated from closing price or weighted average price by trading volume in each business day (Floating Conversion Price) The company has issued and offered of Convertible Debentures No. 1 on April 21, 2022 at the amount of THB 25 million (25,000 units) to Advance Opportunities Fund and the amount of THB 35 million (35,000 units) to Advance Opportunities Fund 1. The total amount is THB 60 million (60,000 units). The convertible debenture holders have exercised their conversion rights on May 5, 2022 at the amount of THB 10 million (10,000 units). by Advance Opportunities Fund 1 does not exercise the right to convert and Advance Opportunities Fund exercised THB 10 million (10,000 units). The balance of convertible debentures of No.1 which are not exercised at the amount of THB 45 million (45,000 units) Authorized to sign on behalf of the : Mr.Jakkaphong Jakrajutatip company Position : Director Ms.Pimauma Jakrajutatip Director ______________________________________________________________________ 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.