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Pin to quick picksHon Hai Precsn Regulatory News (HHPD)

Share Price Information for Hon Hai Precsn (HHPD)

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Subsidiary Foxconn Ventures obtaining Panel shares

20 May 2019 07:00

RNS Number : 4782Z
Hon Hai Precision Industry Co Ld
18 May 2019
 

Subject: Subsidiary, Foxconn Ventures Pte. Ltd. obtaining Panel Semiconductor Holding Corporation shares

Date of events:2019/05/17

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):

Panel Semiconductor Holding Corporation common shares

2.Date of occurrence of the event:2019/05/17~2019/05/17

3.Volume, unit price, and total monetary amount of the transaction:

800,000 shares at USD100 each;Total amount equals about USD80,000,000

4.Counterparty 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):

Panel Semiconductor Holding Corporation ;None

5.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

6.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):

800,000 sharesUSD80,000,000approximately 10%restriction of rights:None

7.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:1.0705%, ratio to shareholder's equity:2.6055%

Operating Capital:NTD-28,636,429,000

8.Concrete purpose or use of the acquisition or disposal:

Long Term Investment

 

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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