Designation of Call Option Exercise Person for Convertible Bonds - Call Price 102%~109.87% Terms and Mandatory Holding
Jeju Semiconductor disclosed the designation of a person to exercise the call option on its issued convertible bonds.
The call option is exercisable quarterly from March 23, 2027 to December 23, 2030, total 16 times.
The call price starts at 102.0000% of face value for the 1st exercise and increases to 109.8739% for the 16th, with annual compound 2% increase per 12-month period.
The call option is limited to 30% of the initial principal amount per holder.
Holders are obligated to retain the bonds without conversion until the end of the call period (December 23, 2030).
The designated entities are corporations in Hong Kong and Taiwan, with recent financial information provided (currency translation applied).
KOSDAQ Filing Information
Filing: Report on Major Events (Designation of Person Exercising Call Option for Convertible Bonds)