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Purchase of a Bond with Warrant

22nd Dec 2009 08:51

RNS Number : 5345E
Samsung Electronics Co. Ld
22 December 2009
 



Purchase of a Bond with Warrant

On December 22, 2009Samsung Electronics purchased a bond with warrant worth KRW 30 billion from Shinwha Intertek to enhance business partnership.

 Details

- Purchase amount: KRW 30 billion (KRW 13,500 per share)

- Exercise period: December 22, 2010 ~ November 22, 2014

 Should Samsung Electronics exercise the bond with warrant, the company will acquire 2,222,222 shares, or 10.74% of Shinwha Intertek.

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