Announcement of appropriations of earnings in stock dividends on behalf of Union Polymer Int'l Investment Corp., a subsidiary of USI Corporation
· Issued by USI Corporation
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Today's Information
Provided by: USI CORPORATION
SEQ_NO
2
Date of announcement
2022/03/10
Time of announcement
16:22:58
Subject
Announcement of appropriations of earnings in
stock dividends on behalf of Union Polymer Int'l
Investment Corp., a subsidiary of USI Corporation
Date of events
2022/03/10
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/03/10
2.Source of capital increase funds:The 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):
Total monetary value of the issuance is NT$1,506,313,970.
Number of shares issued is 150,631,397 shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:NA
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:NA
7.Par value per share:NT$10 per share
8.Issue price:NA
9.Number of shares subscribed for by or allocated to employees:None.
10.Number of shares publicly sold:NA
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:201.723333115381 shares per 1,000 shares
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:NA
13.Rights and obligations of these newly issued shares:
The same as the original common shares
14.Utilization of the funds from the capital increase:
To fulfill the working capital
15.Any other matters that need to be specified:The terms and conditions may
be subject to alteration at the request of the competent authority. The
Board of Directors will make such alteration as per the request of the
competent authority.
