No. 0153-2022

May 31, 2022

Subject: The offering of newly-issued ordinary shares to Private Fund by Krungthai XSpring Company Limited which is a specific investor (Private Placement) under the General Mandate basis

Attention: President, the Stock Exchange of Thailand

Reference: Information memorandum No. 0152-2022 Re: Notification of the Board of Directors' meeting No. 8/2022 with respect to issuance and allocation of newly-issued ordinary shares to offer to a specific investor (Private Placement) under the General Mandate basis dated May 31, 2022

Reference is made to the Annual General Meeting of Shareholder for the year of 2022 of CMO Public Company Limited (the "Company"), held on April 28, 2022, which resolved to approve the issuance and the allocation of the newly-issued ordinary shares of the Company under the General Mandate basis by allocating up to 25,500,000 shares, at the par value of THB 1 per share, which does not exceed 10 percent of the paid-up capital of the Company to offer to the specific investor (Private Placement) under the General Mandate basis, as well as authorizing the Board of Directors to have power to Negotiate, negotiate, enter into, amend and sign various documents related to the issuance and allocation of newly issued ordinary shares. including the listing of the Company's newly issued ordinary shares as listed securities on the Stock Exchange of Thailand and submission of documentary information to the Office of the Securities and Exchange Commission, the Stock Exchange of Thailand Ministry of Commerce or other related agencies for process of the allocation of the newly-issued ordinary shares.

Subsequently, the Board of Directors' meeting No. 8/2022, held on May 31, 2022 has considered and approved the issuance and the allocation of 25,500,000 newly-issued ordinary shares, the par value of THB 1 per share to offer Private Fund by Krungthai XSpring Company Limited ("Private Fund KTX") which is a specific investor (Private Placement) under the General Mandate basis at the offering price of Baht 6.00 per share. The subscription period and payment period were specified during June 2, 2022.

The Company hereby informs the details of subscription of the newly-issued ordinary shares as follows:

1. The number of shares, the subscription date and the payment date of Private Fund KTX

The Company shall allocate 25,500,000 newly-issued ordinary shares to Private Fund KTX on June 2, 2022 and Private Fund KTX shall make the payment for the subscription in the total number of Baht 153,000,000 within June 2, 2022.

2. The offering price and the total amount of the subscription of the newly-issued ordinary shares by Private Fund KTX

The offering price of the newly-issued ordinary shares is Baht 6.00 per share, which accounts for the total amount of Baht 153,000,000, which discount of the market price 8.77%, calculated based on the weighted average price of the Company's shares traded on the SET during the period of 15 consecutive business days prior to the date of determination of the offering price by the Board of Directors, namely the period from May 9-30, 2022, which was equivalent to Baht 6.577 per share (information from SETSMART at www.setsmart.com).

Date

Amount (Share)

Value (Baht)

30/05/2565

1,643,603

10,607,491.60

27/05/2565

2,421,326

14,871,700.60

26/05/2565

2,159,252

13,343,806.40

25/05/2565

4,025,146

26,317,538.80

24/05/2565

6,607,562

45,517,701.85

23/05/2565

2,482,421

16,326,098.50

20/05/2565

1,318,475

8,497,036.25

19/05/2565

1,543,570

9,896,456.40

18/05/2565

1,550,800

10,404,155.05

17/05/2565

3,325,402

21,627,336.20

13/05/2565

1,046,970

6,242,991.15

12/05/2565

1,689,418

10,347,190.80

11/05/2565

6,840,029

47,290,123.20

10/05/2565

1,507,600

9,891,820.00

09/05/2565

2,883,103

18,733,198.85

Total

41,044,677

269,914,645.65

Weighted average market price for 9 business days (Baht/Share)

= Trading Volume

Trading Value

= 269,914,645.65

41,044,677

= 6.577

90% of the weighted average market price (Baht/Share)

= 5.919

The convertible price of June 2, 2022 is equal to 6.00 Baht per share respectively, which is not lower than 90% of the said weighted average price, 5.919 Baht per share. Therefore, it does not meet the conditions that prohibit the sale of shares within 1 year from the date of receiving the convertible securities (Silent Period) pursuant to Notification of the Stock Exchange of Thailand, Re : Rules, Conditions and Procedures Governing the Listing of Ordinary or Preferred Shares Issued for Capital Increase B. E. 2558 (2015)

Sincerely Yours,

Mr. Kitisak Jampathipphong

Chief Executive Officer

CMO Public Company Limited

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

CMO pcl published this content on 01 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2022 01:11:03 UTC.