Date/Time
04 Apr 2022 13:06:41
Headline
Report on the results of the Exercise of convertible debentures (F53-5)
Symbol
CHO
Source
CHO
Full Detailed News
                Report on the result of exercise of other convertible securities (F53-5)
Report date of securities allocation     : 04-Apr-2022

Exercised securities



Convertible debentures

   Common shares
      Name of Convertible debentures     : Cho Thavee Public Company Limited's 
long-term convertible debentures no.10/2022 due 2024
      Number of conversed convertible    : 10,000
debentures (shares)
      Number of non conversed            : 0
convertible debentures (shares)
      Ratio (Convertible debentures :    : 1 : 1,424.5014
shares)
      Conversion Price (baht/share)      : 0.702
      Exercise Date                      : From 01-Apr-2022  To 01-Apr-2022
      Number of shares derived from      : 14,245,014
conversion (shares)
      Number of remaining shares         : 99,266
reserved (shares)



Remark                                   :
The convertible debenture holders who have exercise: Advance Opportunities Fund 
1 amount 10,000 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 March 11, 2022 to March 31, 2022. The weighted
average price is 0.78 Baht per share with 90% of the weighted average price
equal to 0.7020 baht per share, then the conversion price is 0.7020 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. 10/2022 Issuance and offering of Convertible Debentures on April
1, 2022 at the amount of 10 million Baht (10,000 units). The balance of
convertible debentures no. 10/2022 which are not exercised at the amount of 10
million Baht (10,000 units) on April 1, 2022, the convertible debenture holders
have exercised their conversion rights at the amount of 10 million Baht (10,000
units). As a result, there are none convertible debentures No. 10/2022 that have
 not been exercised.
Authorized to sign on behalf of the      : Mr. Suradech Taweesaengsakulthai
company
Position                                 : Director

Ms. Asana Taweesangsakulthai
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.

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Cho Thavee pcl published this content on 04 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2022 06:13:07 UTC.