Capital Reduction due to Cancellation of Restricted Employee Shares
Date of the board of directors resolution |
August 08, 2018 |
Reason for the capital reduction |
As the vesting conditions of the issuance of restricted employee shares have not been met by the intended employee, the Company will withdraw issuance to such employee without compensation and cancel the full number of the shares. |
Amount of the capital reduction |
NTD 290,000 |
Cancelled shares |
29,000 shares |
Capital reduction ratio |
0.047% |
Share capital after the capital reduction |
NTD 619,320,000 |
Scheduled date of the shareholders’ meeting |
Not applicable |
Estimate listed common shares after the capital reduction |
Not applicable |
The estimate ratio of listed shares to the company’s issued common shares, after the capital reduction |
Not applicable |
Countermeasures of the lower circulation in shareholding, if the aforesaid listed common shares does not reach 60 million shares and the ration does not reach 25% after capital reduction |
Not applicable |
Any other matters that need to be specified |
Record date for capital reduction is August 15, 2018 |