The Board of Directors approved cancellation of
restricted employee shares
Date of events
2022/08/09
To which item it meets
paragraph 11
Statement
1.Date of the board of directors resolution:2022/08/09
2.Reason for capital reduction:Because the employees
who entitled to receive restricted employee shares
have not met qualification, The Company decided to
take back and cancelled restricted employee shares.
3.Amount of capital reduction:NT$36,000
4.Cancelled shares:3,600
5.Capital reduction percentage:0.004%
6.Share capital after capital reduction:NT$872,225,670
7.Scheduled date of the shareholders meeting:NA
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:2022/09/08
12.Any other matters that need to be specified:
The company capital reduction date will be on 08 Sep, 2022;
if there is any other employee that comply with the Employee
Restricted Stock to recover the cancellation of shares from
the date of board decision to the base date of Capital reduction,
the chairman is still authorized to process.
Attachments
Original Link
Original Document
Permalink
Disclaimer
Voltronic Power Technology Corporation published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 14:05:04 UTC.
Voltronic Power Technology Corp is a Taiwan-based company principally engaged in the manufacture and sale of uninterruptible power systems (UPSs). The Company's main products include off-line UPSs, on-line UPSs. The Company is also engaged in the design, production and manufacture of power converters (or variable converters, inverters), voltage regulators (AVR) and photovoltaic inverters. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Asia.
VOLTRONIC POWER TECHNOLOGY CORP. 
