Ann: Proposed issue of securities - SGR, page-2

From DeepSeek:

To calculate the post-conversion market capitalization and share price impact, we need the following data:

1. Current Market Data for SGR (The Star Entertainment Group Limited)

   • Current Share Price: Let's assume the latest market price is AUD 0.50 (this is hypothetical; check real-time data for accuracy).

   • Current Shares Outstanding (SOI): Suppose the latest reported SOI is 1,200,000,000 shares (verify from ASX announcements).

   • Current Market Cap = Share Price × SOI = AUD 0.50 × 1,200,000,000 = AUD 600,000,000.

2. Convertible Notes Issuance Details

   • Total Notes Issued: 3,750,000,000

   • Conversion Ratio: 1 Note → 1 Share (since the effective share price is AUD 0.08, matching face value).

   • New Shares Post-Conversion: 3,750,000,000 (added to existing SOI).

3. Post-Conversion Share Structure

   • Total Shares Outstanding (New SOI) = Current SOI + New Shares
     = 1,200,000,000 + 3,750,000,000 = 4,950,000,000 shares.

4. Post-Conversion Market Cap

   • Assuming no change in market value, the company’s market cap remains AUD 600,000,000 (pre-issuance).

   • New Share Price = Market Cap / New SOI
     = AUD 600,000,000 / 4,950,000,000 ≈ AUD 0.1212 per share.