Samart Digital pcl
Samart Digital pcl
04/26/2024 | Press release | Distributed by Public on 04/25/2024 23:32
Report on the results of the Exercise of convertible debentures (F53-5)
Headline
Report on the results of the Exercise of convertible debentures (F53-5)
Report on the result of exercise of other convertible securities (F53-5) Report date of securities allocation : 26-Apr-2024 Exercised securities Convertible debentures Common shares Name of Convertible debentures : Samart Digital Public Company Limited's long-term convertible debentures No. 4/2024 Due 2025 Number of conversed convertible : 3,000 debentures (shares) Number of non conversed : 25,000 convertible debentures (shares) Ratio (Convertible debentures : : 1 : 27,777.7777 shares) Conversion Price (baht/share) : 0.036 Exercise Date : From 25-Apr-2024 Number of shares derived from : 83,333,333 conversion (shares) Number of remaining shares : 2,508,954,042 reserved (shares) Remark : Name of the Debenture holders who exercise the rights: Advance Opportunities Fund Conversion ratio: Principle amount of the Convertible Debentures divided by the conversion price Conversion price: Baht 0.036 per share. The weighted average price of the Company's shares trading on the Stock Exchange of Thailand for not less than 7 consecutive business days but not exceeding 15 consecutive business days prior to the date that the Debenture holders exercised their conversion rights during Apr 9-24, 2024 are Baht 0.040 per share. The conversion price is not less than 90 percent of the said weighted average price. Therefore, it does not meet the criteria to prohibit the sale of shares within 1 year from the date of receiving the convertible securities (Silent Period). From the resolution of the EGM 1/2023 on November 28, 2023, the weighted average price is calculated from the volume weighted average price of the Company's shares for each consecutive business days (Floating Conversion Price). The market price and the conversion price will be calculated with three digit decimals. The Company offered and issued the Convertible Debentures No. 1-6/2023 and 1-5/2024 on May 17, 2023 - Apr 11, 2024 at the amount of Baht 110 million (110,000 units). The Debenture holders exercised their conversion rights during Jun 6, 2023 - Apr 25, 2024 amounting to Baht 85 million (85,000 units). Total remaining Convertible Debentures No.6/2023 and 3-5/2024 of Baht 25 million (25,000 units) has not been exercised. Authorized to sign on behalf of the : Miss Boonrut Mongkolratanakorn company Position : Director and Company Secretary ______________________________________________________________________ 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.