- Translation -

No. JKNGB-012-07/2022

July 26, 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. 10/2022, due in 2025, unsubordinated and unsecured" to Advance Opportunities Fund ("AO Fund") (the "Debenture holder"). On July 26, 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 26, 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

-

-

-

-

-

-

-

No. 8/2022

40,000

-

-

-

-

-

-

-

No. 9/2022

20,000

-

-

-

-

-

-

-

No. 10/2022

40,000

-

40,000

-

10,000

-

30,000

-

Total

360,000

70,000

10,000

60,000

On July 26, 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. 10/2022, due in 2025, unsubordinated and unsecured" amount 10,000 units (THB 10 million) to 2,683,843 ordinary shares.
  • The conversion price of AO Fund of THB 3.726 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 11 business days are as follows:

Date

Number of Shares

Total Value ('000 THB)

July 25, 2022

7,579,729

31,059.56

July 22, 2022

1,626,625

7,029.39

July 21, 2022

3,680,917

15,770.98

July 20, 2022

4,187,044

17,743.93

July 19, 2022

1,294,932

5,290.53

July 18, 2022

3,410,170

14,037.17

July 15, 2022

883,715

3,547.63

July 14, 2022

1,340,482

5,439.20

July 12, 2022

5,465,667

22,093.66

July 11, 2022

5,495,581

22,921.73

July 8, 2022

2,142,382

8,811.24

Total

37,107,244

153,745.02

Weighted average market price for 11 business days (THB/Share)

=

Trading Value

Trading Volume

=

153,745,020

37,107,244

=

4.14

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

=

3.726

The conversion price as of July 26, 2022 was THB 3.726 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 26, 2022 in the amount of 2,683,843 shares and the Company's remaining amount of shares being reserved for the next convertible debentures in the amount of 58,610,265 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 26 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 July 2022 15:08:01 UTC.