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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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Announce the capital reduction for subsidiary

6 Nov 2014 09:25

RNS Number : 3303W
Acer Incorporated
06 November 2014
 



Subject: To announce the capital reduction for major subsidiary "Boardwalk Capital Holdings Ltd. ("ACLAH")"

Date of events: 2014/11/06

Contents:

1. Date of the board of directors resolution: 2014/11/06

2. Reason for the capital reduction: To enhance the financial structure

3. Amount of the capital reduction: US$70,000,000

4. Cancelled shares: 70,000,000 shares

5. Capital reduction ratio: 5.48%

6. Share capital after the capital reduction: US$1,208,432,043

7. Scheduled date of the shareholders' meeting: NA

8. Estimate listed shares, the ratio of listed shares to outstanding shares, after the capital reduction: NA

9. Countermeasures of the aforesaid estimate change in shareholding after the capital reduction: NA

10. Any other matters that need to be specified:

After capital reduction, will be capital injection by Acer European Holding Limited (AEH), made another announcement, to enhance the financial structure of ACLAH

This information is provided by RNS
The company news service from the London Stock Exchange
 
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