Announcement of the Company's Board of Directors
resolved to issue new shares through capital increase
from earnings
Date of events
2022/04/14
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/04/14
2.Source of capital increase funds:Distributable earnings of 2021.
3.Whether to adopt shelf registration
(Yes, please state issuance period/No):No
4.Total monetary value of the issuance and number of shares issued (shares
issued not including those distributed to employees if consisting in
capital increase from earnings or capital surplus):
NT$ 198,821,650；19,882,165 shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:N/A
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:N/A
7.Par value per share:NT$10
8.Issue price:N/A
9.Number of shares subscribed for by or allocated to employees:N/A
10.Number of shares publicly sold:N/A
11.Ratio of shares subscribed by or allotted as stock
dividends to existing shareholders:
60 shares gratuitously allotted for every thousand shares.
12.Handling method for fractional shares and shares
unsubscripted for by the deadline:
If the new shares distributed to shareholders from this capital increase
are less than one full share, shareholders may consolidate them by
handling respective procedures at the Company's stock transfer agent,
Horizon Securities Co., Ltd.. For those shares which cannot be consolidated
within the specified period or still remain insufficient, in accordance
with Article 240 of the Company Act, cash will be distributed instead
(rounded to the dollar), and the Chairman shall be authorized to designate
specific persons for purchase of these by cash at par value.
13.Rights and obligations of these newly issued shares:
Same as existing shares.
14.Utilization of the funds from the capital increase:
To increase working capital.
15.Any other matters that need to be specified:
(1) Upon the approval of the shareholders' meeting and submission to the
competent authorities, the board of directors is authorized to set another
issue date for the new shares, the payment date and other related matters.
(2)If the number of shares outstanding is affected by changes in share
capital and shareholding ratio is thus affected. It will be proposed for
the shareholders' meeting to fully authorize the Board of Directors to
handle this matter.
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Horizon Securities Co. Ltd. published this content on 14 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2022 09:54:16 UTC.
HORIZON SECURITIES CO., LTD. is a Taiwan-based company principally engaged in securities business. The Company conducts its businesses through Securities Broking, Security Underwriting and Proprietary Business segments. The Company is engaged in stock broking, securities financing, security-related futures trading, economy and finance research and analysis, bond trading, financial derivative products development and others. It provides its products and services to ordinary investors, corporate investors, listed companies and foreign investors. The Company conducts its businesses primarily in Taiwan.
HORIZON SECURITIES CO., LTD. 
