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Subsidiary AFE, INC. obtaining Vizio, Inc. shares

20th Jun 2018 14:25

RNS Number : 0328S
Hon Hai Precision Industry Co Ld
20 June 2018
 

No.1

Subject: Subsidiary Foxconn (Far East) Limited obtaining Foxteq Holdings Inc. shares

Date of events: 2018/06/20

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):

Foxteq Holdings Inc. Shares

2.Date of occurrence of the event: 2018/06/20~2018/06/20

3.Volume, unit price, and total monetary amount of the transaction:

250,000,000 shares at USD0.1 each;total amount equals about USD25,000,000

4.Counterpart to the trade and its relationship to the Company

(if the trading counterpart is a natural person and furthermore

is not an actual related party of the Company, the name of the

trading counterpart is not required to be disclosed):

Foxteq Holdings Inc.;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition: 

Increase by cash in subsidiary's capital

6.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Negotiation;Per market price;Board of Directors

 7.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):

10,067,237,880 sharesabout USD1,006,723,788approximately 100%

restriction of rights:None

8.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:9.7055%, to shareholder's equity:28.4221%

Operating Capital:NTD-49,014,668,000

9.Concrete purpose or use of the acquisition or disposal:

Long Term Investment

 

No.2

Subject: Subsidiary Foxteq Holdings Inc. obtaining Foxteq Integration Inc. shares

Date of events: 2018/06/20

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):

Foxteq Integration Inc. Shares

2.Date of occurrence of the event: 2018/06/20~2018/06/20

3.Volume, unit price, and total monetary amount of the transaction:

250,000,000 shares at USD0.1 each;total amount equals about USD25,000,000

4.Counterpart to the trade and its relationship to the Company

(if the trading counterpart is a natural person and furthermore

is not an actual related party of the Company, the name of the

trading counterpart is not required to be disclosed):

Foxteq Integration Inc.;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition: 

Increase by cash in subsidiary's capital

6.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Negotiation;Per market price;Board of Directors

 7.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):

3,191,260,120 sharesabout USD319,126,012approximately 100%

restriction of rights:None

8.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:0.9317%, to shareholder's equity:2.7285%

Operating Capital:NTD-49,014,668,000

9.Concrete purpose or use of the acquisition or disposal:

Long Term Investment

 

 

No.3

Subject: Subsidiary Foxteq Integration Inc.obtaining PCE Paragon Solutions kft. shares

Date of events: 2018/06/20

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):

PCE Paragon Solutions kft. Shares

2.Date of occurrence of the event: 2018/06/20~2018/06/20

3.Volume, unit price, and total monetary amount of the transaction:

10,000 shares at USD2,500 each;total amount equals about USD25,000,000

4.Counterpart to the trade and its relationship to the Company

(if the trading counterpart is a natural person and furthermore

is not an actual related party of the Company, the name of the

trading counterpart is not required to be disclosed):

PCE Paragon Solutions kft.;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition: 

Increase by cash in subsidiary's capital

6.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Negotiation;Per market price;Board of Directors

 7.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):

150,006,424 sharesabout USD261,296,424approximately 100%

restriction of rights:None

8.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:0.3058%, to shareholder's equity:0.8956%

Operating Capital:NTD-49,014,668,000

9.Concrete purpose or use of the acquisition or disposal:

Long Term Investment

 

No.4

Subject: Subsidiary PCE Paragon Solutions kft. obtaining AFE INC. shares

Date of events: 2018/06/20

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):

PCE Paragon Solutions kft. Shares

2.Date of occurrence of the event: 2018/06/20~2018/06/20

3.Volume, unit price, and total monetary amount of the transaction:

2,500,000 shares at USD10 each;total amount equals about USD25,000,000

4.Counterpart to the trade and its relationship to the Company

(if the trading counterpart is a natural person and furthermore

is not an actual related party of the Company, the name of the

trading counterpart is not required to be disclosed):

AFE INC.;parent and subsidiary companies

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition: 

Increase by cash in subsidiary's capital

6.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Negotiation;Per market price;Board of Directors

 7.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):

10,200,000 sharesabout USD102,000,000approximately 100%

restriction of rights:None

8.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:0.223%, to shareholder's equity:0.6531%

Operating Capital:NTD-49,014,668,000

9.Concrete purpose or use of the acquisition or disposal:

Long Term Investment

 

 

 

No.5

Subject: Subsidiary AFE, INC. obtaining Vizio, Inc. shares

Date of events: 2018/06/20

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):

Vizio, Inc. Shares

2.Date of occurrence of the event: 2018/06/20~2018/06/20

3.Volume, unit price, and total monetary amount of the transaction:

515,251 shares at USD48.52 each;total amount equals about USD24,999,978.52

4.Counterpart to the trade and its relationship to the Company

(if the trading counterpart is a natural person and furthermore

is not an actual related party of the Company, the name of the

trading counterpart is not required to be disclosed):

Vizio, Inc.;None

5.Where the counterpart to the trade is an actual related party,

a public announcement shall also be made of the reason for choosing

the related party as trading counterpart and the identity of the

previous owner (including its relationship with the company and the

trading counterpart), price of transfer, and date of acquisition: Na

6.The manner in which the current transaction was decided, the

reference basis for the decision on price, and the decision-making

department: Negotiation;Per market price;Board of Directors

 7.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):

515,251 sharesabout USD24,999,978.52approximately 3.1%

@restriction of rights:None

8.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:0.02%, to shareholder's equity:0.07%

Operating Capital:NTD-49,014,668,000

9.Concrete purpose or use of the acquisition or disposal:

Strategy Investment

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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