Last checked at 29 Dec 2017 11:32
Subject: To announce the disposal of Sharp Corporation Preferred C stock shares
Date of events: 2017/12/29
Contents:
1.Name and nature of the subject matter (if preferred shares,
the terms and conditions of issuance shall also be indicated,
e.g.dividend yield):
Sharp Corporation Preferred C stock shares
2.Date of occurrence of the event: 2017/12/29 ~2017/12/29
3.Volume, unit price, and total monetary amount of the transaction:
1,136,363 shares at JPY310,192 each;total amout equals JPY352,490,711,696
4.Counterpart to the trade and its relationship to the Company
(if the trading counterpart is a natural person and furthermore
is not an actual related party of the Company, the name of the
trading counterpart is not required to be disclosed):
ES Platform LP;Substantive related party
5.Where the counterpart to the trade is an actual related party,
a public announcement shall also be made of the reason for choosing
the related party as trading counterpart and the identity of the
previous owner (including its relationship with the company and the
trading counterpart), price of transfer, and date of acquisition:
To retain outstanding management peoples and employees, the Company
choose the partership "ES Platform LP" established by group's employees
as counterparty for this transaction.
6.Anticipated profit or loss from the disposal (not applicable in
cases of acquisition of securities) (where originally deferred, the
status or recognition shall be stated and explained):JPY252,490,714,896
7.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract, and
other important stipulations:
Payment in eight equal installments from closing date
8.The manner in which the current transaction was decided, the
reference basis for the decision on price, and the decision-making
department: Board of Directors
7.Current cumulative volume, amount, and shareholding percentage
of holdings of the security being traded (including the current
trade) and status of any restriction of rights (e.g.pledges):
0 shares；JPY0；approximately 0%；restrictiion of rights:None
8.Current ratio of long or short term securities investment
(including the current trade) to the total assets and shareholder's
equity as shown in the most recent financial statement and the
operating capital as shown in the most recent financial statement:
Ratio to total assets:10.2266%, to shareholder's equity:27.8428%
Operating Capital:NTD-40,666,643,000
9.Concrete purpose or use of the acquisition or disposal:
Long Term Investment