ASE Technology : Announcement on behalf of subsidiary, Universal Scientific Industrial (Shanghai) Co, Ltd., of adjustment of exercise price for Incentive Stock Option Plan 2019
Announcement on behalf of subsidiary, Universal
Scientific Industrial (Shanghai) Co, Ltd., of adjustment
of exercise price for Incentive Stock Option Plan 2019
Date of events
2022/05/23
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/05/23
2.Company name:Universal Scientific Industrial (Shanghai) Co, Ltd.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):subsidiaries
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
According to the "2019 Stock Option Incentive Plan" of USI (Shanghai) Co,
Ltd., if any matters such as dividend distribution, capital reserve
conversion to share capital, distribution of stock dividends or allotment
of shares occur before the option is exercised, the exercise price
should be adjusted accordingly.
The "Profit Distribution Plan for 2021" was approved by the Company's 2021
annual general meeting held on April 19, 2022, which decided cash dividend as
RMB 2.60 per 10 shares. Therefore, the exercise price needs to be
adjusted this time.
6.Countermeasures:
The exercise price of the first grant part of the stock options is adjusted
from CNY12.67 to CNY 12.41 per share; and the exercise price of reserved
grant part of the stock options is adjusted from CNY 21.15 to CNY 20.89
per share.
7.Any other matters that need to be specified:To protect investors'right in
Taiwan and Shanghai the date of this public announcement is consistent with
Shanghai Stock Exchange.
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ASE Technology Holding Co. Ltd. published this content on 24 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 May 2022 09:37:09 UTC.
ASE Technology Holding Co., Ltd. is mainly engaged in the general investment business. The Company provides customers with three types of services. Integrated Circuit (IC) services consists of packaging services, including packaging and module design, IC packaging, and multi-chip packaging; testing services, including previous testing, wafer pin testing and finished product testing, as well as materials, including substrate design and manufacturing. Electronic manufacturing service business are involved in the development and design of communication, consumer electronics, computers, storage, industrial, automotive electronics and other types of electronic products, the material procurement business, logistics, maintenance and other after-sales services. Other services include real estate development, construction, home sales property management and shopping mall rental business. The Company distributes its products to the United States, Taiwan, Europe, Asia and other regions.
ASE Technology : Announcement on behalf of subsidiary, Universal Scientific Industrial (Shanghai) Co, Ltd., of adjustment of exercise price for Incentive Stock Option Plan 2019