Rotam Global AgroSciences : will exercise redemption rights under 4th Secured CB and trading at OTC will be terminated on 2022/03/28

Close

Today's Information

Provided by: Rotam Global AgroSciences Limited
SEQ_NO	1	Date of announcement	2022/02/09	Time of announcement	17:25:09
Subject	ROTAM will exercise redemption rights under 4th Secured CB and trading at OTC will be terminated on 2022/03/28
Date of events	2022/02/09	To which item it meets	paragraph 51
Statement	1.Cause( please enter 「Early redemption」or「Maturity date falls within closure period of conversion」:Early redemption 2.Provisions of issuance and conversion terms: 1.The closing price of the Company's common shares on The Taiwan Stock Exchange has exceeded the conversion price of the Fourth Secured Convertible Bond ("CB") by more than 30% (inclusive) for 30 consecutive business days since 2022/01/07. Pursuant to Article17(1) of the Procedural Rules Governing the Issue and Conversion of CB, the Company shall dispatch a "30-day Notice of Buyback" to the CB holders (Buyback Record Date, being the 30th day commencing from the date of dispatch of the aforesaid Notice). The Company shall then settle payment on the 5th business day from the Buyback Record Date at face value and the trading of CB at OTC shall be terminated thereafter. 2.The relevant dates are as follows: (1)Buyback Record Date: 2022/03/25 (2)Buyback Price: Face value of NTD100,000 (3)OTC Trading Cessation Date: 2022/03/28 (4)Date of Payment: 2022/04/01 3.Bond early redemption date/ maturity date:2022/03/25 4.Closure period of conversion:N/A 5.Bond (early) redemption price (% of par value):NTD100,000 (100 % of par value) 6.Stockholder affairs agency:Registrar & Transfer Agency Department of Yuanta Securities Co., Ltd. 7.Deadline for applying the conversion of the debt voucher:2022/03/24 8.Any other matters that need to be specified: Warning: We would like to draw the attention of CB holders that, in the event that your application for the conversion of CB into shares cannot be made by 2022/03/24, the Company shall redeem all your CB in cash at face value.