- Translation -

No. JKNGB-001-07/2022

July 4, 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 "Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No. 7/2022, due in 2025, unsubordinated and unsecured" and "Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No. 8/2022, due in 2025, unsubordinated and unsecured" to Advance Opportunities Fund ("AO Fund") (the "Debenture holder"). On July 4, 2022, the Debenture holder has 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)

(July 4, 2022)

convertible

AO

AO

AO

AO

AO

AO

AO

AO

debentures

Fund

Fund 1

Fund

Fund 1

Fund

Fund 1

Fund

Fund 1

No. 1/2022

25,000

35,000

-

10,000

-

-

-

10,000

No. 2/2022

60,000

-

-

-

-

-

-

-

No. 3/2022

20,000

20,000

-

20,000

-

-

-

20,000

No. 4/2022

40,000

-

-

-

-

-

-

-

No. 5/2022

20,000

-

-

-

-

-

-

-

No. 6/2022

20,000

-

-

-

-

-

-

-

No. 7/2022

20,000

-

5,000

-

5,000

-

-

-

No. 8/2022

40,000

-

40,000

-

15,000

-

25,000

-

Total

300,000

75,000

20,000

55,000

On July 4, 2022

  • AO Fund notified the conversion of "Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No. 7/2022, due in 2025, unsubordinated and unsecured" amount 5,000 units (THB 5 million) and "Convertible debentures granting the right to convert into ordinary shares of JKN Global Group Public Company Limited No. 8/2022, due in 2025, unsubordinated and unsecured" amount 15,000 units (THB 15 million) totaling 20,000 units (THB 20 million) to 4,789,272 ordinary shares.

1

  • The conversion price of AO Fund of THB 4.176 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.

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)

July 1, 2022

1,024,921

4,647.63

June 30, 2022

2,549,192

11,724.69

June 29, 2022

1,809,909

8,320.69

June 28, 2022

8,140,403

37,525.97

June 27, 2022

2,795,824

13,277.05

June 24, 2022

1,729,174

8,084.04

June 23, 2022

1,615,610

7,577.84

Total

19,665,033

91,157.91

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

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

  • Trading Value Trading Volume
  • 91,157,910
    19,665,033
  • 4.64
  • 4.176

The conversion price as of July 4, 2022 was THB 4.176 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 July 4, 2022 in the amount of 4,789,272 shares and the Company's remaining amount of shares being reserved for the next convertible debentures in the amount of 73,437,510 shares.

Please be informed accordingly.

Yours sincerely,

(Mr. Jakkaphong Jakrajutatip)

Chief Executive Officer and Managing Director

Authorized Disclosing Person

2

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

JKN Global Media pcl published this content on 04 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 July 2022 11:02:01 UTC.