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QUANTUM D C PUBLIC COMPANY LIMITED — Share Issue/Capital Change 2022
Apr 21, 2022
75653_rns_2022-04-21_62493d5e-d0d3-404e-bb71-9f01b8ac50a3.pdf
Share Issue/Capital Change
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Ref. CS./22- 049
April 21, 2022
Subject: Notification of conversion price calculation of the convertible debentures of JCKH
To: The President The Stock Exchange of Thailand
According to JCK Hospitality Public Company Limited (“the Company” or “JCKH”) has operated to offer and issue the newly convertible debentures pursuant to the Convertible Debentures Agreement for “JCK Hospitality Public Company Limited's long-term convertible debentures No.4/2022 due 2025.” to Advance Opportunities Fund (“AO Fund”) and Advance Opportunities Fund 1 (“AO Fund 1”) are collectively referred to as “the convertible debenture holders” , then the convertible debenture holders notified the conversion of convertible debenture on April 21, 2022 as follows;
| The Company’s |
Amount of debentures |
Remaining debentures |
Exercise t | he right to conve (April 21, 2022) |
rsion (unit) |
Remaining | debentures after (unit) |
conversion |
|---|---|---|---|---|---|---|---|---|
| long-term convertible debentures |
(units) | before conversion (unit) |
AO Fund | AO Fund 1 | Total | AO Fund | AO Fund 1 | Total |
| No. 1/2021 | 30,000 | - | - | - | - | - | - | - |
| No. 2/2021 | 10,000 | - | - | - | - | - | - | - |
| No. 3/2021 | 20,000 | - | - | - | - | - | - | - |
| No. 4/2021 | 20,000 | - | - | - | - | - | - | - |
| No. 5/2021 | 20,000 | - | - | - | - | - | - | - |
| No. 6/2021 | 15,000 | - | - | - | - | - | - | - |
| No. 7/2021 | 20,000 | - | - | - | - | - | - | - |
| No. 8/2021 | 10,000 | - | - | - | - | - | - | - |
| No. 9/2021 | 20,000 | - | - | - | - | - | - | - |
| No. 10/2021 | 10,000 | - | - | - | - | - | - | - |
| No. 1/2022 | 20,000 | - | - | - | - | - | - | - |
| No. 2/2022 | 21,000 | - | - | - | - | - | - | - |
| No. 3/2022 | 8,000 | - | - | - | - | - | - | - |
| No. 4/2022 | 40,000 | 35,000 | - | 4,000 | 4,000 | 18,000 | 13,000 | 31,000 |
| Total | 264,000 | 35,000 | - | 4,000 | 4,000 | 18,000 | 13,000 | 31,000 |
April 21, 2022
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AO Fund 1 notified the conversion of “JCK Hospitality Public Company Limited's long-term convertible debentures No.4/2022 due 2025.” amount 4,000 units (Baht 4 million) to 13,333,333 ordinary shares.
-
The conversion price of 0.300 Baht 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 price of the Company's shares for the past 7 business days is as follows:
| Date | Number of Shares | Total Value (‘000 Baht) |
|---|---|---|
| 20/04/2022 | 5,041,403 | 1,666.95 |
| 19/04/2022 | 2,729,900 | 901.91 |
| 18/04/2022 | 4,821,300 | 1,563.02 |
| 12/04/2022 | 2,185,202 | 722.22 |
| 11/04/2022 | 4,004,402 | 1,323.39 |
| 08/04/2022 | 3,909,200 | 1,329.81 |
| 07/04/2022 | 4,520,301 | 1,552.06 |
| **Total ** | 27,211,708 | 9,059.36 |
Remark: Information from www.setsmart.com
Weighted average market price for 7 business days (Baht/Share) = Trading Volume
| Trading Value | |
|---|---|
| = 9,059,360 |
|
| 27,211,708 | |
| = 0.333 | |
| 90% of the weighted average market price (Baht/Share) | = 0.300 |
Note:
-
The market price will be calculated by specifying 3 decimal places. If the 4th decimal place is 5 or more, it will be rounded up.
-
The conversion price of the convertible debentures will be calculated by specifying 3 decimal places. If the 4th decimal place is 5 or more, it will be rounded up.
The convertible price of April 21, 2022 is equal to 0.300 Baht per share respectively, which is not lower than 90 percent of the said weighted average price. Therefore, it does not meet the conditions that
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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 April 21, 2022 in the amount of 13,333,333 shares and the Company’s remaining amount of shares being reserved for the next convertible debentures in the amount of 258,823,206 shares.
Please be informed accordingly.
Yours Sincerely,
(Mr. Athawut Taechaubol) Joint Chief Executive Officer
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