Date/Time 22 ม.ค. 2568 12:30:00

Headline

Report on the results of the Exercise of convertible debentures (F53-5) (Revised)

Symbol CHO
Source CHO
Report on the result of exercise of other convertible securities (F53-5) Report date of securities allocation : 19-Jan-2025 (Update) Exercised securities Convertible debentures Common shares Name of Convertible debentures : Cho Thavee Public Company Limited's long-term convertible debentures November 9, 2023 due 2026, No.4 Number of conversed convertible : 1,250 debentures (shares) Number of non conversed : 13,750 convertible debentures (shares) Ratio (Convertible debentures : : 1 : 27,777.7192 shares) (Update) Conversion Price (baht/share) : 0.036 Exercise Date : From 17-Jan-2025 To 17-Jan-2025 Number of shares derived from : 34,722,149 conversion (shares) (Update) Number of remaining shares : 274,969,347 reserved (shares) (Update) Remark : The convertible debenture holders who have exercise: Advance Opportunities Fund 1 amount 1,250 units. Conversion Ratio: Principle amount of the Convertible Debentures 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 during 8-16 January 2025. The weighted average price according to Par value is 0.04 Baht per share with 90% of the weighted average price equal to 0.036 baht per share, then the conversion price is 0.036 Baht 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 Cho Thavee Public Company Limited's long-term convertible debentures November 9, 2023 due 2026, No.4 on September 27, 2024 at amount of 20 million Baht (20,000 units). The balance of convertible debentures which are not exercised at amount of 15 million Baht (15,000 units). January 17, 2025, the convertible debenture holders have exercised their conversion rights at the amount of 1.25 million Baht (1,250 units). As a result, there are convertible debentures that have not been exercise of 13.75 million Baht (13,750 units). Authorized to sign on behalf of the : Mr. Suradech Taweesaengsakulthai company Position : Director Ms. Asana Taweesangsakulthai Director ______________________________________________________________________ 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. If you would like to see the full details of this information, please click view "full details" in attached file.