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ECB Conversion Price Adjustment

6th Feb 2015 07:37

RNS Number : 2411E
Acer Incorporated
06 February 2015
 



February 6, 2015

 

 

NOTICE TO HOLDERS OF

ACER INCORPORATED (the "Company")

 

USD 300,000,000 ZERO COUPON CONVERTIBLE BONDS DUE 2015 (the "2015 Bonds"),

ISIN: XS0528416232

USD 200,000,000 ZERO COUPON CONVERTIBLE BONDS DUE 2017 (the "2017 Bonds"),

ISIN: XS0528416315

 

On December 23, 2014, the Company's Board of Directors approved to offer to the holders of Common Shares rights entitling them to subscribe 300,000,000 Common Shares at subscription price of NT$18.00 per Common Share.

 

According to Section 11.02 of the Indenture ("Indenture") dated on August 10, 2010 between the Company and Citicorp International Limited, the Conversion Price shall be adjusted to NT$100.59 for the 2015 Bonds and NT$103.50 for the 2017 Bonds on February 5, 2015 in accordance with the relevant formula.

 

Meggy Chen

A. VP, Treasury Unit, Acer Inc.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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