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Pin to quick picksAcer Gdr Reg S Regulatory News (ACID)

Share Price Information for Acer Gdr Reg S (ACID)

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Acer shareholders to subscribe StarVR's new shares

22 Jun 2018 10:36

RNS Number : 2496S
Acer Incorporated
22 June 2018
 

Subject

Explanation about the company's (Acer's) shareholders who are qualified to subscribe the new shares issued by StarVR Corporation's (6681) capital increase in cash

Date

2018/06/22

Content

1.Date of occurrence of the event: 2018/06/22

2.Company name: Acer Inc.

3.Relationship to the Company (please enter "head office" or "subsidiaries"):

Head Office

4.Reciprocal shareholding ratios: Not applicable

5.Cause of occurrence:

Explanation about the company's shareholders who are qualified to subscribe the new shares issued by StarVR Corporation's capital increase in cash:

a. The company's subsidiary, StarVR Corporation (company code: 6681, hereinafter "StarVR") has via its board of directors meeting held on June 5, 2018, adopting a resolution to issue 6,000,000 common shares for capital increase in cash in 2018.

b. According to the company's 2018 General Shareholders' meeting, the company's shareholders qualified to subscribe 1,000 or more of StarVR's new common shares are shareholders who hold 900,685 shares or more of the company as recorded in the company's shareholders register on the book closure date (July 8, 2018).

6.Countermeasures: None

7.Any other matters that need to be specified:

a. StarVR will according to its schedule of new shares issuance by capital increase in cash send notices to the company's qualified shareholders for payment of subscription of StarVR's new shares. Qualified shareholders who are willing to subscribe please make payment for the subscription within the period as stated in the subscription notice.

b. The company's latest book closure date is July 8, 2018 and the last buying date is July 4, 2018. Within five days after the book closure date (i.e., July 9, 2018 to July 13, 2018), shareholders may apply to the company's stock affairs office for combination of their shares. Shareholders not applying for combination within the period or whose shares combination does not reach the number of 900,685 shares are still not qualified to subscribe the new shares issued by StarVR's capital increase in cash.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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