8th Dec 2006 07:00
Sunplus Technology Co Limited08 December 2006 Sunplus Shareholders' EGM Approved Return of CapitalNT$5.1 Billion Return to Shareholders Issued on: 2006/12/8 Hsinchu Science Park, Taiwan, R.O.C., December 8th, 2006 - Sunplus TechnologyCo., Ltd. (TAIEX: 2401, LSE: SUPD) today held its 3rd shareholders'extraordinary general meeting at 9:00AM December 8th, 2006 in the Association ofIndustries in Hsinchu Science Park. During the meeting, the shareholdersapproved return of capital NT$5,11billion to shareholders. According to the resolution, total cash NT$5,114,357,580 will be returned toshareholders and there will be 511,435,758 shares reduced after return ofcapital. Based on the outstanding 1,022,871,515 share on 2006/10/18,approximately NT$5 per share will be paid to shareholders, representingapproximately 50% reduction from its original 1,022,871,515 outstanding shareson 2006/10/18. The GDR shareholders will enjoy same paid-out rate with commonshareholders while every 1GDR represents 2 common shares. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
SUPD.L