Announcement of record date of the capital reduction, and plan for capital reduction and replacement of shares
2021/1/8
| Subject Announcement of record date of the capital reduction, and plan for capital reduction and replacement of shares |
|
| paragraph xx article 4 paragraph 11 Date of events:2021/01/08 |
|
|
Contents
1.Date of the board of directors resolution:2021/01/08
2.Record date of capital reduction:2021/01/18
3.Plan for capital reduction and replacement of shares:
(1)The proposal for the capital reduction was already approved in the 2020 Extraordinary Shareholders' Meeting held on Dec. 10, 2020 and passed through effective registration by FSC letter NO.1090378366. The preliminary plan of the replacement of share certificates for capital reduction was based on Taipei Exchange Operation Procedures for Replacement Issues of TPEx Listed Securities.
(2)There are 72,957,897 shares of issued common stock for replacement, a total amount of NT$729,578,970 as NT$10 per share.
(3)The total amount of capital reduction is NT$182,289,520, with cancelling 18,228,952 issued shares for adjust the capital structure and increase the return on equity.
(4)The ratio of capital reduction is 24.98557764%. It's based on Article 168 of Company Act.
(5)The total amount of paid-in capital is NT$ 547,289,450 after replacement of 54,728,945 shares as NT$10 per share.
(6)The plan for replacement of securities certificate is applied in a non-physical form, calculated by holing shares of each shareholder on the date of capital reduction. After capital reduction, shareholders may combine shares of common stock less than 1 share with the Company's agent for stock affairs five days before the book closure date. For fractional shares of common stock that are still less than 1 share after combination, cash bill be distributed at a par value of NT$10 per share, and rounded to the nearest dollar(insufficient amounts shall be rounded off) on the last trading date at the stock exchange market before the record date for cash reduction and stock conversion. The Chairman is authorized to designate specific persons for purchase of fractional common shares at a par value of NT$10 per share. Shareholders can refund each share NT$2.498557764 and 249.8557764 shares reduced per thousand shares (that is, 249.8557764 shares are converted per thousand share).
(7)Shares replaced from the capital reduction will be issued in a non-physical form with the same rights and obligations of original shares.
(8)Schedule of replacement:
(8-1)record date of the capital reduction: 2021/01/18
(8-2)Last date of trading original shares: 2021/03/17
(8-3)Suspension trading date of original shares: 2021/03/18-2021/03/26
(8-4)Last date of book closure of original shares: 2021/03/21
(8-5)Book closure period of original shares:2021/03/22-2021/03/26
(8-6)Record date of the replacement of share certificates: 2021/03/26
(8-7)Anticipated listing date for the new shares: 2021/03/29
(8-8)Payment date of the refund for capital reduction with cash: 2021/03/29
(9)Replacement procedure:
(9-1)The Company issues non-physical form of share and for shareholders who don't have account in the security agent, please apply one as soon as possible for replacement procedure.
(9-2)For shareholders holding original shares before book closure date, 4:30 PM, March 19, 2021, please contact the Company's agent , Yuanta Securities, with original share certificates, replacement application form, stamp and copy of passbook cover for replacement procedure.
(9-3)For shareholders holding original shares after book closure date, please contact the Company's agent ,Yuanta Securities, with original share certificates, replacement application form, stamp and copy of passbook cover for replacement procedure after March 29, 2021.
(9-4)For shareholders with accounts in the securities, there is no procedure needed for replacement and TDCC will replace original shares for non-physical form of new shares on the anticipated listing date.
(9-5)Address and telephone number for replacement: Yuanta Securities, B1, No.210, Sec.3, Chengde Rd., 103,Taipei City; +886-2-2586-5859
(10)For other issues unmentioned in the preceding paragraphs, the Company complies with Company Act and other related regulations.
(11)The replacement plan reported to TPEx and the Chairman was authorised to react if any changes in schedule.
4.Record date of replacement of shares:2021/03/26
5.Book closure starting date:2021/03/22
6.Book closure ending date:2021/03/26
7.Rights and obligations of the new shares after capital reduction:Same as for the original issued shares.
8.Anticipated TPEx listing date for the new shares:2021/03/29
9.Estimated no.of TPEx -listed common shares after issuance of new shares upon capital reduction:54,728,945 shares
10.Estimated ratio of TPEx -listed common shares after issuance of new shares upon capital reduction to outstanding common shares:100%
11.Please explain any countermeasures for lower circulation in shareholding if the aforesaid estimated no. of TPEx -listed common shares upon capital reduction does not reach 5 million and the ratio does not reach 25%:NA
12.Any other matters that need to be specified:
(1)The replacement plan reported to TPEx and the Chairman was authorised to react if any changes in schedule and Capital reduction ratio.
(2)Unsecured convertible bonds (#35264) date of suspension of changes from 2021/01/18 to 2021/03/26.
|