The Board of Directors Approved the Cancellation of
Restricted Shares to Employees Stock Awards
Date of events
2021/10/27
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2021/10/27
2.Reason for capital reduction: The Restricted shares to employees will be
returned to the Company and cancelled due to non-fulfillment of the vesting
conditions.
3.Amount of capital reduction:NT$11,297,680
4.Cancelled shares:1,129,768 shares
5.Capital reduction percentage:0.0090%
6.Share capital after capital reduction:NT$124,832,475,660
7.Scheduled date of the shareholders meeting:N/A
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:N/A
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:N/A
10.Please explain any countermeasures for lower circulation in
shareholding if the aforesaid estimated no.of listed common shares upon
capital reduction does not reach 60 million and the percentage does not
reach 25%:N/A
11.The record date for capital reduction:2021/11/15
12.Any other matters that need to be specified:
Share Capital after capital reduction is calculated based on the paid-in
capital after share exchange with Chipbond Technology Corporation which
is the current paid-in capital NTS$124,232,694,930 plus 61,107,841 new
shares issued on November 5th, 2021.
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UMC - United Microelectronics Corporation published this content on 27 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 October 2021 08:47:06 UTC.
United Microelectronics Corp is a global semiconductor foundry. The Company provides integrated circuit (IC) production for applications spanning every sector of the electronics industry. The Company operates through two segments. The Wafer Fabrication segment is mainly engaged in the manufacture of chips to the design specifications of its customers by using its own processes and techniques. The New Business segment is engaged in the research, development, manufacture and provision of solar energy. The Company is engaged in the maintenance of a customer base across various industries, including communication, consumer electronics, computer, memory, new generation light-emitting diode (LED) and others, while focusing on manufacturing for applications, including networking, telecommunications, Internet, multimedia, personal computers (PCs) and graphics.