Solar Applied Materials Technology : The Board’s resolution on the record date of the capital increase for the second new restricted stocks for employees in 2021.
Provided by: Solar Applied Materials Technology Corp.
SEQ_NO
4
Date of announcement
2022/04/20
Time of announcement
18:16:42
Subject
The Board's resolution on the record date of the
capital increase for the second new restricted stocks for
employees in 2021.
Date of events
2022/04/20
To which item it meets
paragraph 53
Statement
1.Date of occurrence of the event:2022/04/20
2.Company name:Solar Applied Materials Technology Corporation
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:(1)On July 16 2021, the general shareholders' meeting
approved the issuance of 6,000,000 new shares of restricted stocks for
employees at NT$10 per share. Such issuance took effect on September 16 in
accordance with the Financial Supervisory Commission ChingKuanChengFaZi
Letter No. 1100358049.
(2)On April 20 2022, the board of directors passed a resolution to issue the
second restricted stocks for employess of 4,072,000 shares. This is a priced
issue, with the issue price at NT$10 per share. The capital increase record
date is June 1, 2022. If there is any change in the above-mentioned date,
the Chairman is authorized to reschedule it.
(3)Shall any employees yield his/ her rights in stock subscription, or fail
to subscribe the full amount, it is proposed that the Chairman be authorized
to adjust the issued number of restricted stocks in accordance with the
actual subscription made.
(4)The new shares issued this time with restricted stock for employees shall
be subject to revision and other amendments based on operational evaluation
or in response to objective requirement. The unresolved matters will be
handled in accordance with the relevant laws and the Company's "Rules
Governing Issuance of New Restricted Stock Award for Employees in 2021."
6.Countermeasures: Issuance of new shares of restricted stocks for employees
will be conducted in accordance with the resolution of the shareholders'
general meeting and the board meeting.
7.Any other matters that need to be specified: The newly issued restricted
stocks for employees will be kept in trust custody until the vested
conditions are met.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Solar Applied Materials Technology Corporation published this content on 20 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2022 10:24:05 UTC.
Solar Applied Materials Technology Corporation is a Taiwan-based company principally engaged in the manufacture and trading of precious metal materials and thin film sputtering targets. The Company's precious metal materials include precious metals chemicals, such as silver nitrates, silver cyanides, potassium gold cyanides and potassium silver cyanides, precious metals materials, such as tubes, wires, plate materials, copper-based alloys and others, platinum powders and rare metal powders, gold and silver ingots, platinum ingots and rare metals. Its thin film sputtering targets include targets made of metals, alloys, ceramics and composite materials used for the optical disk, hard disk drive (HDD), passive component, tool, lighting emitting diode (LED), semiconductor, and solar energy industries. The Company distributes its products mainly in Taiwan market and the rest of Asia.
Solar Applied Materials Technology : The Board’s resolution on the record date of the capital increase for the second new restricted stocks for employees in 2021.
SOLAR APPLIED MATERIALS TECHNOLOGY CORPORATION 
