News Detail

08 Aug 2022 17:19:00
Report on the results of the Exercise of convertible debentures (F53-5)
Full Detailed News
Download Full Detailed News
                Report on the result of exercise of other convertible securities (F53-5)
Report date of securities allocation     : 08-Aug-2022

Exercised securities

Convertible debentures

   Common shares
      Name of Convertible debentures     : PP Prime Public Company Limited's 
longterm1.0% convertible debentures No. 8/2022 due 2024
      Number of conversed convertible    : 4,000
debentures (shares)
      Number of non conversed            : 0
convertible debentures (shares)
      Ratio (Convertible debentures :    : 1 : 9,345.79425
      Conversion Price (baht/share)      : 0.107
      Exercise Date                      : From 08-Aug-2022
      Number of shares derived from      : 37,383,177
conversion (shares)
      Number of remaining shares         : 42,419,951
reserved (shares)

Remark                                   :
Name of the Debenture holders who exercise the rights: Advance Opportunities 
Fund 1
Conversion ratio: The number of convertible debentures divided by the number of 
common shares.
Conversion price: Baht 0.107 per share. The weighted average price of the 
Company's shares trading on the Stock Exchange of Thailand for not less than 7
consecutive business days but
not exceeding 15 consecutive business days prior to the date that the Debenture 
holders exercised their conversion rights during July 14, 2022 - August 5, 2022
is Baht 0.119 per share. The
conversion price is not less than 90 percent of the said weighted average price.
Therefore, it does not meet the criteria to prohibit the sale of shares within
1 year from the date of
receiving the convertible securities (Silent Period).
In this regard, the Company offered for sale and issued convertible debentures 
No. 8/2565 on July 12, 2022 in the amount of 10 million baht (10,000 units). The
debenture holders exercised the convertible debentures on August 8, 2022, 
amounting to 4 million baht (4,000 units). ADVANCE OPPORTUNITIES FUND has been
fully exercised and
ADVANCE OPPORTUNITIES FUND 1 exercised 4 million baht (4,000 units). The full 
amount of convertible debentures No. 8/2022
Authorized to sign on behalf of the      : Mrs.Supattra Nakmontanakum
Position                                 : Authorized Director

M.L.Phanpiengduen Sungkahapong
Authorized 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.