News Detail

Date/Time
12 Jul 2022 17:35:00
Headline
Report on the results of the Exercise of convertible debentures (F53-5)
Symbol
AJA
Source
AJA
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                Report on the result of exercise of other convertible securities (F53-5)
Report date of securities allocation     : 12-Jul-2022

Exercised securities



Convertible debentures

   Common shares
      Name of Convertible debentures     : AJ  Advance Technology Public       
Company    Limited's  long-term convertible debentures No.2/2022 due 2025
      Number of conversed convertible    : 5,000
debentures (shares)
      Number of non conversed            : 0
convertible debentures (shares)
      Ratio (Convertible debentures :    : 1 : 3,968.2538
shares)
      Conversion Price (baht/share)      : 0.252
      Exercise Date                      : From 12-Jul-2022  To 12-Jul-2022
      Number of shares derived from      : 19,841,269
conversion (shares)
      Number of remaining shares         : 864,293,687
reserved (shares)



Remark                                   :
The convertible debenture holders who have exercise: Advance Opportunities Fund 
amount 5,000 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 July 1, 2022 to July 11,2022. The weighted
average price is 0.28 Baht per share with 90% of the weighted average price
equal to 0.252 baht per share, then the conversion price is 0.252 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.2/2022 Issuance and offering of Convertible Debentures on July 12, 2022 at
the amount of 5 million Baht (5,000 units).
The convertible debenture holders have exercised their conversion rights on July
12, 2022 at the amount of 5 million Baht (5,000 units) by Advance Opportunities
 Fund.
The number of issuance and offer convertible debentures of No.2/2022 is 
completed at the amount of 5 million Baht (5,000 units)
Authorized to sign on behalf of the      : Mr.Pichai Panjasanka
company
Position                                 : Director

Mrs.Prangthip Chanvisitsak
Director

______________________________________________________________________
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