- Translation -

No. JKNGB-013-05/2022

May 23, 2022

Subject

Notification of conversion price calculation of the convertible debentures

To

The President

The Stock Exchange of Thailand

JKN GLOBAL GROUP PUBLIC COMPANY LIMITED (the "Company") has offered and issued the convertible debentures pursuant to the agreement in respect of "Unsubordinated and Unsecured Convertible Debentures to grant the right to convert the convertible debentures into ordinary shares of JKN Global Media Public Company Limited No.1/2022, due in 2025" to Advance Opportunities Fund ("AO Fund") and Advance Opportunities Fund 1 ("AO Fund 1") (collectively, the "Debentureholders"). On May 23, 2022, the Debentureholders have exercised the conversion of convertible debenture with the details as follows:

The

Amount of

Remaining debentures

Exercise the right to

Remaining debentures

Company's

debentures

before conversion

conversion (units)

after conversion (units)

long-term

(Units)

(Units)

(May 23, 2022)

convertible

AO

AO

AO

AO

AO

AO

AO

AO

debentures

Fund

Fund 1

Fund

Fund 1

Fund

Fund 1

Fund

Fund 1

No.1

25,000

35,000

-

20,000

-

2,000

-

18,000

Total

60,000

20,000

2,000

18,000

On May 23, 2022

  • AO Fund notified the conversion of "Unsubordinated and Unsecured Convertible Debentures to grant the right to convert the convertible debentures into ordinary shares of JKN Global Media Public Company Limited No.1/2022, due in 2025" complete.
  • AO Fund 1 notified the conversion of "Unsubordinated and Unsecured Convertible Debentures to grant the right to convert the convertible debentures into ordinary shares of JKN Global Media Public Company Limited No.1/2022, due in 2025" amount 2,000 units (THB 2 million) to 391,236 ordinary shares.
  • The conversion price of AO Fund 1 of THB 5.112 per share which is a convertible price of not less than 90 percent of the market price, which is calculated from the weighted average price of the Company's shares in the SET for the past 7-15 business days.

1

The weighted average prices of the Company's shares for the past 7 business days are as follows:

Date

Number of Shares

Total Value ('000 THB)

May 20, 2022

5,108,733

28,148.77

May 19, 2022

1,894,351

10,731.93

May 18, 2022

991,602

5,739.57

May 17, 2022

1,118,175

6,486.25

May 13, 2022

922,824

5,389.14

May 12, 2022

1,848,741

10,839.00

May 11, 2022

432,872

2,567.69

Total

12,317,298

69,902.35

Weighted average market price for 7 business days (THB/Share)

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

  • Trading Volume Trading Value
  • 69,902,350
    12,317,298
  • 5.68
  • 5.112

The conversion price as of May 23, 2022 was THB 5.112 per share which is not lower than 90 percent of the said weighted average price. 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), Debenture holders will receive the convertible debentures on May 23, 2022 in the amount of 391,236 shares and the Company's remaining amount of shares being reserved for the next convertible debentures in the amount of 115,118,241 shares.

Please be informed accordingly.

Yours sincerely,

(Mr. Jakkaphong Jakrajutatip)

Chief Executive Officer and Managing Director

Authorized Disclosing Person

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JKN Global Media pcl published this content on 23 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2022 13:25:05 UTC.