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Subsidiary FAHC obtaining Vizio, Inc. shares

25th Sep 2019 12:56

RNS Number : 6611N
Hon Hai Precision Industry Co Ld
25 September 2019
 

Subject:Subsidiary Foxconn Assembly Holding Corporation obtaining Vizio, Inc. shares

Date of events:2019/09/25

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:2019/09/25~2019/09/25

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

515,251 shares at about USD$48.52 each;Total amount equals

USD$24,999,978.52

4.Counterparty 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. ; Connection company

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:

Investing Structure Modification;Na

6.Where a person who owned the property within the past five years has been an actual related person of the company, a public announcement shall also include the dates and prices of acquisition and disposal by the related person and the person's relationship to the company at those times:

Dates of acquisition:2018/06/20

Prices of acquisition:USD$24,999,978.52

The person's relationship to the company at those times:Connection

company

7.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department:

Negotiation; Per seller originl acquisition cost; Board of Directors

8.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 shares;USD24,999,978.52;approximately 3.1%;

restriction of rights:None

9.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:0.0262%, ratio to shareholder's equity:0.0664%

Operating Capital:NTD-28,636,429,000

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

Investing Structure Modification

11.Is it a related party transaction?:Yes

12.Date of the board of directors'resolution:2019/09/25

13.Name of the CPA firm:ATAX Accounting Firm

14.Name of the certifying CPA:Danny Cheng

15.The practice certificate number of the CPA:

Financial-Supervisory-Securities-Corporate-5720

 

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.
 
END
 
 
MSCLLFELAVIEFIA

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