Headline: | Report on the results of the Exercise of convertible debentures (F53-5) |
Security Symbol: | JKN |
Announcement Details
Report on the results of sale of securities (F53-5)
Name of Company JKN GLOBAL GROUP PUBLIC COMPANY LIMITED
Date 20-Jul-2022
Report on the results of the Exercise of convertible securities as follow
Number of | Number of non | Ratio | Number of | Number of | ||||
conversed | Conversion | shares | remaining | |||||
conversed | (Convertible | Exercise | ||||||
Name of Convertible debentures | convertible | Price | derived from | shares | ||||
convertible | debentures : | Date | ||||||
debentures | (baht/share) | conversion | reserved | |||||
(shares) | debentures (shares) | shares) | (shares) | (shares) | ||||
Convertible debentures granting the right to convert into | 20,000 | 0 | 1.00 : | 3.69 | 20-Jul-2022 | 5,420,054 | 61,294,108 | |
ordinary shares of JKN Global Group Public Company Limited | 271.0027 | |||||||
No.9/2022, due in 2025, unsubordinated and unsecured | ||||||||
Summary | ||||||||
Total excercised shares / converted shares (common | 5,420,054 | |||||||
shares) | ||||||||
Remark
The convertible debenture holders who have exercise: Advance Opportunities Fund
Conversion Ratio: The principal amount of the convertible debenture to be converted 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 8, 2022 to July 19, 2022. The weighted average price is 4.10 Baht per share and the conversion price is 3.690 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 Convertible Debentures No. 9/2022 on July 7, 2022 in the amount of THB 20 million (20,000 units) to Advance Opportunities Fund, in which Advance Opportunities Fund exercised
the conversion rights on July 20, 2022 in the amount of THB 20 million (20,000 units) of Convertible Debentures No. 9/2022, in full, in the amount of THB 20 million (20,000 units).
Signature ________________________________ | Signature ________________________________ |
(Mr.Jakkaphong Jakrajutatip) | (Ms.Pimauma Jakrajutatip) |
Director | Director |
Authorized to sign on behalf of the company | Authorized to sign on behalf of the company |
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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JKN Global Media pcl published this content on 20 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 July 2022 10:53:01 UTC.