Headline:

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

Security Symbol:

SDC

Announcement Details

Report on the results of sale of securities (F53-5)

Name of Company SAMART DIGITAL PUBLIC COMPANY LIMITED

Date 14-Jul-2022

Report on the results of the Exercise of convertible securities as follow

Number of conversed

Number of non

Ratio

Conversion

Number of shares

Number of

(Convertible

Exercise

derived from

remaining

Name of Convertible debentures

convertible

conversed convertible

Price

debentures :

Date

conversion

shares reserved

debentures (shares)

debentures (shares)

(baht/share)

shares)

(shares)

(shares)

Samart Digital Public Company Limited's

3,000

22,000

1.00 : 4273.504

0.234

14-Jul-2022

12,820,512

2,153,696,957

long-term convertible debentures No.

1/2022 Due 2025

Summary

Total excercised shares / converted shares (common

12,820,512

shares)

Remark

Name of the Debenture holders who exercise the rights: Advance Opportunities Fund 1

Conversion ratio: Principle amount of the Convertible Debentures divided by the conversion price

Conversion price: Baht 0.234 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 Jul 4-12, 2022 is Baht 0.26 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).

In this regard, 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 will be calculated with two digit decimals while the conversion price will be calculated with three digit decimals.

The Company offered and issued the Convertible Debentures No. 1 on June 8, 2022 at the amount of Baht 40 million (40,000 units). The Debenture holders exercised their conversion rights on June 10-28, 2022 amounting to Baht 15 million (15,000 units) and Jul 14, 2022 amounting to Baht 3 million (3,000 units). Total remaining Convertible Debentures No. 1 of Baht 22 million (22,000 units) has not been exercised.

Signature ________________________________

(Miss Boonrut Mongkolratanakorn)

Director and Company Secretary

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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Samart Digital pcl published this content on 14 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2022 05:53:01 UTC.