JKN Global Media Public : Report on the results of the Exercise of convertible debentures (F53-5) (Revised)
June 07, 2022 at 06:22 am EDT
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Headline:
Report on the results of the Exercise of convertible debentures (F53-5) (Revised)
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 01-Jun-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
10,000
30,000
1.00 :
5.193
01-Jun-2022
1,925,669
99,913,917
ordinary shares of JKN Global Group Public Company Limited
192.5669
No.3/2022, due in 2025, unsubordinated and unsecured
Summary
Total excercised shares / converted shares (common
1,925,669
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 May 19, 2022 to May 31, 2022. The weighted average price is THB 5.77 per share and the conversion price is THB 5.193 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 of Convertible Debentures No. 3/2022 on June 1, 2022 in the amount of THB 20 million (20,000 units) to Advance Opportunities Fund and in the amount of THB 20 million (20,000 units) to Advance Opportunities Fund 1, the total amount is THB 40 million (40,000 units). The convertible debenture holders have exercised their conversion rights on June 1, 2022 in the amount of THB 10 million (10,000 units). by Advance Opportunities Fund 1 does not exercise the right to convert and Advance Opportunities Fund exercised THB 10 million (10,000 units). The balance of convertible debentures of No.3/2022 which are not exercised in the amount of THB 30 million (30,000 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 07 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2022 10:21:02 UTC.
JKN Global Group Public Company Limited is a Thailand-based company. The Company and its subsidiaries are principally engaged in the distribution of global and local contents of the movies, series and the documentaries; advertising services and production of television programs; production and distribution of non-alcoholic beverages; providing digital television stations and manufacturing and distribution of health, beauty and consumer products; and retail sale by mail order, television, radio and telephone; and production and distribution of television programs, granting the copyright to the Miss Universe pageant and relating to the Miss Universe pageant's activities. The Company operates through four segments: Sales of program rights and advertising services/airtimes, Sales of products, Miss Universe license management business, and Other business. The Company's subsidiaries include JKN Global Content Pte. Ltd., JKN Channel Company Limited, JKN IMC Company Limited, and others.