Emerging Display Technologies CorpTWSE: 3038

Announcement of the completion of capital reduction registration

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Provided by: EMERGING DISPLAY TECHNOLOGIES CORP.
SEQ_NO 1 Date of announcement 2022/02/21 Time of announcement 18:25:58
Subject
 Announcement of the completion of capital
reduction registration
Date of events 2022/02/21 To which item it meets paragraph 36
Statement
1.Date of the competent authority's approval of capital reduction:2022/01/28
2.Date of completion of capitalization change registration:2022/02/18
3.Effect on the financial statements (including any discrepancy between the
amount of paid-in capital and the no.of shares outstanding, and the effect
on net worth per share):
(1)Prior to capital reduction: Paid-in capital of EDT was TWD1,624,076,030
with outstanding shares total 148,613,215shares.
The net worth per share of EDT is TWD13.13
(2)After capital reduction: Paid-in capital of EDT was TWD1,574,076,030
with outstanding shares total 148,613,215shares.
The net worth per share of EDT is TWD13.13
4.Plan for expected share replacement operations:NA.
5.Estimated no.of listed common shares after capital reduction and new issue:
 NA.
6.Estimated no.of listed common shares as a percentage of issued common
shares after capital reduction and new issue (No.of common shares after
capital reduction/No.of issued common shares):NA.
7.Countermeasures for poor circulation of equity if the aforesaid estimated
no.of listed common shares does not reach 60 million shares and the
percentage does not reach 25% after capital reduction:NA.
8.Any other matters that need to be specified:
(1).The above net worth per share is based on most recent audited financial
 statements ending 2021/09/30.
(2).EDT received approval letter of completion of capital reduction
 registration from Ministry of Economic Affairs, R.O.C. on 2022/02/21

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