News Detail
Date/Time
30 Jun 2022 17:09:00
Headline
Report on the results of the Exercise of convertible debentures (F53-5)
Symbol
AJA
Source
AJA
Report on the result of exercise of other convertible securities (F53-5) Report date of securities allocation : 30-Jun-2022 Exercised securities Convertible debentures Common shares Name of Convertible debentures : AJ Advance Technology Public Company Limited's long-term convertible debentures No.1/2022 due 2025 Number of conversed convertible : 6,000 debentures (shares) Number of non conversed : 15,000 convertible debentures (shares) Ratio (Convertible debentures : : 1 : 3,472.2222 shares) Conversion Price (baht/share) : 0.288 Exercise Date : From 30-Jun-2022 To 30-Jun-2022 Number of shares derived from : 20,833,333 conversion (shares) Number of remaining shares : 884,134,956 reserved (shares) Remark : The convertible debenture holders who have exercise: Advance Opportunities Fund amount 6,000 units Conversion Ratio: Principle amount of the Convertible Debentures 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 June 20, 2022 to June 29,2022. The weighted average price is 0.32 Baht per share with 90% of the weighted average price equal to 0.288 baht per share, then the conversion price is 0.288 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 as follows No.1/2022 Issuance and offering of Convertible Debentures on June 23, 2022 at the amount of 30 million Baht (30,000 units). The convertible debenture holders have exercised their conversion rights on June 30, 2022 at the amount of 6 million Baht (6,000 units) by Advance Opportunities Fund. The balance of convertible debentures No.1/2022 which are not exercised at the amount of 15.00 million Baht (15,000 units). Authorized to sign on behalf of the : Mr.Pichai Panjasanka company Position : Director Mrs.Prangthip Chanvisitsak 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.