Last checked at 27 Sep 2019 10:29
Subject: To Release Weblink Shares to Acer Shareholders for the Process of Weblink IPO Plan
Date of events: 2019/09/27
Contents:
1.Date of occurrence of the event: 2019/09/27
2.Company name:Acer Inc.
3.Relationship to the Company (please enter "head office" or "subsidiaries"): head office
4.Reciprocal shareholding ratios: N.A.
5.Cause of occurrence:
For the process of having the shares of Weblink International Inc. ("Weblink") Company be listed and traded on Taiwan Stock Exchange, the Company will release 30,000,000 Weblink shares in accordance with the board resolution.
6.Countermeasures: None
7.Any other matters that need to be specified:
(1) To comply with the regulations of IPO, to protect the interest of the shareholder's equity of the Company, and to control the cost of related process, according to the board resolution made on August 7, 2019, the company intends to sell 30,000,000 Weblink's common shares to the shareholder with the amount of NT$19 per share.
Provided that the shareholders of the Company waive the rights of subscription, or the aggregate amount of release is less than 30,000,000, the Chairman is authorized to negotiate with designated individuals to sell the common shares of Weblink at the price aforementioned.
(2) The shareholders who are recorded in the Company's shareholders register on the book closure date (July 7, 2019) will be qualified to subscribe Weblink's common shares with calculating the percentage of whose holding of the Company's common shares, and each share of the Company will be granted to subscribe 0.009756 Weblink's common share (will be rounded down to the nearest whole number without any discretion).
(3) Shareholders may apply to the Company's stock affairs office for combination of their shares before the end of the payment date for the subscription. Shareholders not applying for combination within the period or whose combined shares are less than one Weblink's common shares will be deemed to waive whose rights of subscription.
(4) Shareholders who own the Company's share after the book closure date (July 7, 2019), before the end of the payment date for the subscription, will be granted to apply for the subscription by submitting whose certificate of stock ownership to the Company's stock affairs office. The Company will deem the applicant as the designated individuals and accept whose application of subscription in accordance with the conditions herein.
(5) In accordance with conditions herein, any shareholders who have rights to subscribe more than 1,000 Weblink's common shares, will be provided with the notice of the payment for subscription by an ordinary mail. As to the shareholder whose rights of subscription are less than 1,000 Weblink's common shares, the Company will not provide any notice individually besides this announcement, such shareholders shall contact to the Company's stock affairs office directly.
(6) Agenda for the subscription is as follows:
(a) The notice of the payment for the subscription will be sent on September 30, 2019.
(b) The payment term for the subscription is from October 1, 2019 to October 15, 2019.
(c) The end date of the application for the combination of the shares is on October 15, 2019.
(d) The end date of the subscription application for the shareholders who own the Company's
share after the book closure date (July 7, 2019) is on October 15, 2019.
(e) The payment term for the designated individuals is from October 16, 2019 to October 31,
2019.
(7) Since the Weblink's common shares will be transferred to the shareholders from the Company, any shareholder who made the payment has not yet accomplished the share transfer procedure. Weblink will send and provide the notice of share transfer after the payment term of the subscription, the shareholders who received such notice shall submit the documents specified in the notice to SinoPac Securities Inc. for the procedure of share transfer.