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Supplementary of Equity Issuance

12 Jul 2013 09:05

RNS Number : 2004J
Cathay Financial Hldg Co Ld
12 July 2013
 

Subject: (supplementary) Announced by CFH, issuance of 353 million new

common shares and record date of recapitalization

Date of events: 2013/07/12

Contents:

1. Date of the resolution by the board of directors or decision by the Company:

2013/07/12

2. Number of shares issued: 353,000,000 shares

3. Par Value per share: NT$10

4. Total monetary amount of the issue: NT$ 12,708,000,000 (supplementary)

5. Issue price: NT$ 36 per share (supplementary)

6. Number of shares subscribed by or allocated to employees: Reserve 10% of the total number of new common shares (35,300,000 shares) for employees' subscription

7. Ratio of shares subscribed by existing shareholders: 80% of the total number of new common shares (282,400,000 shares) are reserved for subscription by existing shareholders according to their respective holding as stated in shareholders' register book on the record date

8. Number of shares publicly sold: 10% of the total number of new common shares

(35,300,000 shares) are reserved for subscription by the public

9. Method of handling fractional shares and shares unsubscribed by the deadline:

The existing shareholders may apply to the administration department stock registration of the CFH within 5 days from the record date to combine fractional share into one share. The Chairman is authorized to allocate uncombined shares, fractional shares, or shares relinquished by existing shareholders and employees to specific counterparties at the issue price

10. Rights and obligations of the newly issued shares: Rights and obligations are the

same as the existing common shares

11. Utilization of the funds from the capital increase: Injecting additional capital into

subsidiaries, improving on capital adequacy and working capital

12. Record date of cash capital increase: 2013/07/27

13. Last date before book closure: 2013/07/22

14. Book closure starting date: 2013/07/23

15. Book closure ending date: 2013/07/27

16. The period for payment of subscription: (1) Payment period for existing

shareholders and employees will be from 2013/08/01 to 2013/09/02 (2) Payment

period for specific counterparties will be from 2013/09/03 to 2013/09/06

17. The dates of the agreement with proceeds collection and deposit banks:

2013/07/12(supplementary)

18. The name of the bank designated to collect proceeds: Taiwan Cooperative

Bank Chengnei BranchCathay United Bank Renai Branch(supplementary)

19. The name of the bank designated to deposit proceeds: Taiwan Cooperative

Bank Renai Branch (supplementary)

20. Any other matters that need to be specified: (1) The recapitalization through

issuance of 353 million common shares (face value: NT$10 per share)

was approved by the Securities and Futures Bureau of the Financial

Supervisory Commission, per document Jin-Kuan-Jheng-fa-zih No. 1020022413,

dated June 17,2013 (2) The ex-right date: 2013/07/19 (3) the closed period

of zero coupon convertible notes due on august 14, 2014 is from 2013/07/02

to 2013/07/27

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