AUO - AU Optronics Corporation

12/01/2021 | Press release | Distributed by Public on 12/01/2021 04:11

To announce the acquisition of shares of ENNOSTAR Inc., on behalf of Konly Venture Corp., a subsidiary of AUO

Close
Today's Information

Provided by: AU Optronics Corp.
SEQ_NO 1 Date of announcement 2021/12/01 Time of announcement 17:52:30
Subject
 To announce the acquisition of shares of ENNOSTAR
Inc., on behalf of Konly Venture Corp.,
a subsidiary of AUO
Date of events 2021/12/01 To which item it meets paragraph 20
Statement
1.Name of the securities:Common stock of ENNOSTAR Inc. (��ENNOSTAR��)
2.Trading date:2021/10/05~2021/12/01
3.Amount, unit price, and total monetary amount of the transaction:
Volume:4,320 thousand shares, Unit price: NT$74.15 per share(Note),
Total monetary amount: NT$320 million(Note).
(Note) including related expenses.
4.Gain (or loss) through disposal (not applicable in case of acquisition of
securities):N/A
5.Relationship with the underlying company of the trade:
The underlying company is the Company's related party.
6.Current cumulative amount held, monetary amount, and shareholding
percentage of cumulative holdings of the securities being traded (including
the current trade), and status of any restriction of rights (e.g.pledges):
Current cumulative amount held, monetary amount, and shareholding
percentage of cumulative holdings of the securities being traded (including
the current trade)
Konly Venture Corp.�G16,413 thousand shares, NT$1,181 million and 2.40%.
Status of any restriction of rights (e.g.pledges)�GNo
7.Current ratio of securities investment (including the current trade, as
listed in article 3 of Regulations Governing the Acquisition and Disposal of
Assets by Public Companies) to the total assets and equity attributable to
owners of the parent as shown in the most recent financial statement and
working capital as shown in the most recent financial statement as of the
present:
Current ratio of securities investment (including the current trade)
to the total assets: 3.31 %
Current ratio of securities investment (including the current trade)
to the equity attributable to owners of the parent:5.25%
The working capital: NT$ 36,921 million.
8.Concrete purpose of the acquisition or disposal:
For long-term investment and to deepen business relationship.
9.Any dissenting opinions of directors to the present transaction:NA
10.Whether the counterparty of the current transaction is a related party:No
11.Trading counterparty and its relationship with the Company:NA
12.Date of the board of directors resolution:NA
13.Date of ratification by supervisors or approval by
the audit committee:NA
14.Any other matters that need to be specified:
The total assets and working capital in the most recent financial
statements refer to the amount of the Company's stand alone financial
statements for the year of 2020; the equity attributable to owners of
the parent in the most recent financial statement refer to the
Company's consolidated financial statements for the third quarter of 2021.