30th Mar 2016 12:38
No.1
Subject: The company to obtain the new issurance of common shares of Sharp, the Japan listed company.
Date of events:2016/03/30
Contents:
1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):
Sharp Corporation Common Stock shares
2.Date of occurrence of the event: 2016/03/30
3.Volume, unit price, and total monetary amount of the transaction:
1,300,000,000 shares at JPY88 each;total amout equals JPY114,400,000,000
4.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:
Sharp to complete the relevant statutory procedures and contractual
delivery conditions to close the deal.
5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:
Negotiation;
Board of Directors
6.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):
1,300,000,000 shares valued at JPY114,400,000,000. approximately 26.14%.
restrictiion of rights: None
7.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:
Ratio to total assets:13.0242%, to shareholder's equity:33.4688%,
Operating Capital:NTD131,768,410,000
8.Concrete purpose or use of the acquisition or disposal:
Long Term Investment
No.2
Subject: The company to obtain Preferred C shares with no voting right of Sharp, the Japan listed company.
Date of events:2016/03/30
Contents:
1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):
Sharp Corporation Preferred stock shares
2.Date of occurrence of the event: 2016/03/30
3.Volume, unit price, and total monetary amount of the transaction:
11,363,636 shares at JPY8,800 each;total amout equals JPY99,999,996,800
4.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:
(1) Those which 11,363,636 shares of Preferred C shares obtained, can convert to common shares at 1:100 conversion rate in July 1, 2017, which the common share converting price calculated will be JPY88.
(2)Sharp to complete the relevant statutory procedures and contractual delivery conditions to close the deal.
5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:
Negotiation;
Please refer to the subscription price of common shares of the deal.;
Board of Directors
6.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):
11,363,636 shares valued at JPY99,999,996,800. approximately 100%.
restrictiion of rights: None
7.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:
Ratio to total assets:13.0242%, to shareholder's equity:33.4688%,
Operating Capital:NTD131,768,410,000
8.Concrete purpose or use of the acquisition or disposal:
Long Term Investment
No.3
Subject: Subsidiary Foxconn (Far East) Ltd to obtain the new issurance of common shares of Sharp, the Japan listed company.
Date of events:2016/03/30
Contents:
1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):
Sharp Corporation Common Stock shares
2.Date of occurrence of the event: 2016/03/30
3.Volume, unit price, and total monetary amount of the transaction:
915,550,697 shares at JPY88 each ;total amout equals JPY80,568,461,336
4.Terms of delivery or payment (including payment period and monetary amount), restrictive covenants in the contract, and other important stipulations:
Sharp to complete the relevant statutory procedures and contractual delivery conditions to close the deal.
5.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:
Negotiation;
Board of Directors
6.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):
915,550,697 shares valued at JPY80,568,461,336. approximately 18.41%.
restrictiion of rights: None
7.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:
Ratio to total assets:9.4934%, to shareholder's equity:24.3956%,
Operating Capital:NTD131,768,410,000
8.Concrete purpose or use of the acquisition or disposal:
Long Term Investment
Related Shares:
Hon Hai Precsn