Capital Reduction due to Cancellation of Restricted Employee Shares
· Issued by Horng Shiue Holding Co., Ltd.
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Today's Information
Provided by: HORNG SHIUE HOLDING Co., Ltd.
SEQ_NO
4
Date of announcement
2022/03/29
Time of announcement
17:35:22
Subject
Capital Reduction due to Cancellation of
Restricted Employee Shares
Date of events
2022/03/29
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/29
2.Reason for capital reduction:As the vesting conditions of the issuance
of restricted employee shares have not been met by the intended employee,
the Company will withdraw issuance to such employee without compensation and
cancel the full number of the shares.
3.Amount of capital reduction:NT$1,330,000
4.Cancelled shares:133,000
5.Capital reduction percentage:0.288%
6.Share capital after capital reduction:NT$459,994,420
7.Scheduled date of the shareholders meeting:Not applicable
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:Not applicable
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:Not applicable
10.Please explain any countermeasures for lower circulation in
shareholding if the aforesaid estimated no.of listed common shares upon
capital reduction does not reach 60 million and the percentage does not
reach 25%:Not applicable
11.The record date for capital reduction:2022/04/20
12.Any other matters that need to be specified:None
