Today's Information

Provided by: Primax Electronics Ltd.
SEQ_NO 1 Date of announcement 2022/04/08 Time of announcement 17:53:44
Subject
 Approval of cancellation of restricted employee shares
by relevant authority
Date of events 2022/04/08 To which item it meets paragraph 36
Statement
1.Date of the competent authority's approval of capital reduction:2022/04/08
2.Date of completion of capitalization change registration:2022/04/08
3.Effect on the financial statements (including any discrepancy between the
amount of paid-in capital and the no.of shares outstanding, and the effect
on net worth per share):
  (1)Before approval of cancellation of restricted employee shares:
     The Company's paid-in capital is NT$4,554,633,240, outstanding
     shares are 455,463,324 shares and the net book value is
     NT $31.1233 per share.
  (2)Amount of the capital reduction is NT$ 2,280,000, cancelled shares
     are 228,000 shares.
  (3)After approval of cancellation of restricted employee shares:
     The Company's paid-in capital is NT$4,552,353,240, outstanding
     shares are 455,235,324 shares and the net book value is
     NT $31.1389 per share.
4.Plan for expected share replacement operations:NA
5.Estimated no.of listed common shares after capital reduction and new issue:
   NA
6.Estimated no.of listed common shares as a percentage of issued common
shares after capital reduction and new issue (No.of common shares after
capital reduction/No.of issued common shares):NA
7.Countermeasures for poor circulation of equity if the aforesaid estimated
no.of listed common shares does not reach 60 million shares and the
percentage does not reach 25% after capital reduction:NA
8.Any other matters that need to be specified:
  The above net book value per share was based on the latest(2021Q4)
  Financial Reports reviewed by CPA.

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Disclaimer

Primax Electronics Ltd. published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 10:08:11 UTC.