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Subsidiary Icreate obtaining Katerra Inc. shares

22nd Jan 2016 09:31

RNS Number : 7175M
Hon Hai Precision Industry Co Ld
22 January 2016
 

Subject: Icreate Investments Limited,part of the Hon Hai Group has obtained Katerra Inc. (Cayman) shares

Date of events:2016/01/22

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):

Katerra Inc.(Cayman) shares

2.Date of occurrence of the event: 2015/06/25~2016/01/22

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

2015/06/25400,000 shares at USD$5 amout equals USD$2,000,000

2016/01/222,241,147 shares at USD$22.31 each; amout equals USD$49,999,989.57

Total amout equalsUSD51,999,989.57

4.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

 5.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):

2,641,147 sharesUSD51,999,989.57approximately 10.7%

restrictiion of rights:None

6.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:0.67%, to shareholder's equity:1.6%

Operating Capital:NTD129,344,208,000

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

Strategy Investment

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