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

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Announcement of Capital Amendment Registration

6 Dec 2018 09:25

RNS Number : 6620J
Acer Incorporated
06 December 2018
 

Subject: To Announce Acer's Capital Amendment Registration Has Been Completed Due to Cancellation of the RSA in 2014

Date of events: 2018/12/06

Contents:

1. Date of the Competent Authority's approval of the capital reduction: 2018/12/03

2. Date of completion of capital amendment registration: 2018/12/03

3. Effect on the company financial report (including any discrepancy between the amount of paid-in capital and the number of shares outstanding and the effect on net worth per share):

(1)1,569,000 shares have been cancelled at par value of NTD10, and the capital reduction of NTD15,690,000 has been completed.

(2)Before capital reduction: The amount of paid-in capital was NTD30,765,028,280; the number of common shares outstanding was 3,076,502,828. Net worth per share was NTD19.05.

(3)After capital reduction: The amount of paid-in capital was NTD30,749,338,280; the number of common shares outstanding is 3,074,933,828. Net worth per share was NTD19.06.

(4)Net worth per share based on the latest announced financial statements.

4. Planned share conversion operations: N.A

5. Estimate listed shares after the capital reduction: N.A

6. The estimate ratio of listed shares to the company's issued common shares after the capital reduction: N.A

7. Countermeasures of the lower circulation in shareholding, if the aforesaid estimate listed common shares does not reach 60 million shares and the ration does not reach 25% after the capital reduction: N.A

8. Any other matters that need to be specified:

The Company received the MOEA's approval letter on 2018/12/06.

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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