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Subsidiary Wonderful obtaining HMD global shares

21st May 2018 13:11

RNS Number : 7485O
Hon Hai Precision Industry Co Ld
21 May 2018
 

Subject: Subsidiary Wonderful Stars Pte. Ltd. obtaining HMD global Oy shares

Date of events:2018/05/21

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):

HMD global Oy shares ; Convertible Preferred Shares

2.Date of occurrence of the event: 2018/05/21~2018/05/21

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

244,720 shares at USD253.35 each;total amount equals USD61,999,812

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):

HMD global Oy;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):

244,720 sharesUSD61,999,812approximately 61.65%

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:0.29%, to shareholder's equity:0.84%

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

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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