Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities::Capital Reduction through Cancellation by Redeeming Portion of RSA Initially Issuance in 2014

Issuer & Securities

Issuer/ Manager
ACER INCORPORATED
Securities
ACER INC US$200M CB170810 - XS0528416315 - 4ISB
Stapled Security
No

Announcement Details

Announcement Title
Announcement in Relation to Regulatory Actions by SGX and/or Other Authorities
Date &Time of Broadcast
06-Aug-2015 19:00:43
Status
New
Announcement Sub Title
Capital Reduction through Cancellation by Redeeming Portion of RSA Initially Issuance in 2014
Announcement Reference
SG150806OTHRMPG6
Submitted By (Co./ Ind. Name)
Nancy Hu
Designation
CFO
Effective Date and Time of the event
06/08/2015 19:00:00
Description (Please provide a detailed description of the event in the box below)
1. Date of the board of directors resolution:2015/08/06
2. Reason for the capital reduction:The RSA was submitted to
the Financial Supervisory Commission for effective registration
on August 26th 2014 and 17,460,000 shares were being issued
accordingly. The Company is proposed to redeem the shares of
which since some employees have resigned, retired or failed
to meet the vesting condition in 2014.
3. Amount of the capital reduction:NT$ 11,250,000
4. Cancelled shares:1,125,000 shares
5. Capital reduction ratio:around 0.036% of the share capital
6. Share capital after the capital reduction:NT$ 30,854,428,280
7. Scheduled date of the shareholders' meeting:N/A
8. Estimate listed shares, the ratio of listed shares to outstanding
shares, after the capital reduction:N/A
9. Countermeasures of the aforesaid estimate change in shareholding
after the capital reduction:N/A
10. Any other matters that need to be specified:
It is proposed to set August 31st, 2015 as record date of capital
Reduction