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Subsidiary Sharp FMSG obtaining Sharp Life shares

25th Jun 2018 11:59

RNS Number : 4757S
Hon Hai Precision Industry Co Ld
25 June 2018
 

Subject: Subsidiary Sharp FMSG Life Science Company KY obtaining Sharp Life Science (EU) Limited shares

Date of events: 2018/06/25

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):

Sharp Life Science (EU) Limited common shares

2.Date of occurrence of the event: 2018/01/05~2018/06/25

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

24,000 shares at GBP500 each;total amount equals GBP12,000,000

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):

Sharp Life Science (EU) Limited; 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:

Subsidiary to Capital Increased by Cash

6.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department: Book value ; 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):

38,861 sharesGBP19,430,500approximately 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:0.0433%, ratio to shareholder's equity:0.1268%

Operating Capital:NTD-40,666,643,000

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

Long Term 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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