Acer Incorporated To announce the Company's information (1219F)
17 March 2022 - 8:18PM
UK Regulatory
TIDMACID TIDMACIA
RNS Number : 1219F
Acer Incorporated
17 March 2022
Subject: Explanation about the Company's shareholders
participating AGM's capital increase in cash (To adjust the
transaction agenda)
Date of events: 2022/03/17
Contents:
1.Date of occurrence of the event:2022/03/17
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 Acer Gaming Inc. ("AGM")
be listed and traded on Taiwan Stock Exchange or Taipei Exchange,
the Company decides to release part of the new shares (7,750,000
shares) issued by AGM's capital increase in cash to the Company's
shareholders.
6.Countermeasures: None
7.Any other matters that need to be specified:
Explanation about the Company's shareholders who are eligible to
subscribe the new shares issued by AGM's capital increase in
cash:
(1)The Company's subsidiary, Acer Gaming Inc. (non-public,
hereinafter "AGM"), will issue 15,000,000 common shares
(hereinafter "AGM new common shares") by first capital increased in
cash in 2022. The AGM new common shares will be issued at NT$18 per
share, and it is expected to acquire NT$270 million to enrich
capital for AGM's operation and business. Pursuant to the Article
267 of Company Act, 15% of the AGM new common shares, i.e.
2,250,000 common shares, will be reserved for the employees; and
the remaining 85% of the AGM new common shares, i.e. 12,750,000
common shares, will be reserved for the original shareholders of
AGM based on the list of shareholders roster on the dividend record
date. Since the Company has held 100% of the shares of AGM, the
Company will be able to subscribe 12,750,000 common shares from the
AGM new common shares.
(2)The Company waives subscription from the AGM new common
shares that the Company may subscribed with 7,750,000 shares. The
shareholders who are recorded in the Company's shareholders
register on the latest book closure date (April 12, 2022) will be
qualified to purchase AGM'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 purchase 0.00254277
AGM'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 transaction. Shareholders not applying for combination
within the period or whose combined shares are less than one AGM'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, before the end of the payment date for the purchase,
will be granted to apply for the purchase 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 purchase in accordance
with the conditions herein.
(5)In accordance with conditions herein, any shareholders who
have rights to subscribe more than 1,000 AGM's common shares, will
be provided with the notice of the payment by an ordinary mail.
(6)As to the shareholder whose rights of purchase are less than
1,000 AGM'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.
(7)Planned agenda for the transaction is adjusted as
follows:
a. The payment term is from April 18, 2022 to April 22,
2022.
b. The end date of the application for the combination of the
shares: April 22, 2022.
c. The end date of the application for the shareholders who own
the Company's share after the book closure date (April 12, 2022):
April 22, 2022.
(8)After the AGM has been completed its changing registration
for capital increase in cash, AGM will notify the shareholder who
participates the subscription separately.
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END
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March 17, 2022 05:18 ET (09:18 GMT)
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