Gigabyte Technology Co. Ltd.

11/25/2021 | Press release | Distributed by Public on 11/25/2021 04:38

On behalf of Matreial subsidiary Giga Investment Co. announced the board of directors resolution of Capital reduction

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Provided by: GIGA-BYTE TECHNOLOGY CO., LTD.
SEQ_NO 2 Date of announcement 2021/11/25 Time of announcement 18:24:46
Subject 
 On behalf of Matreial subsidiary Giga Investment
Co. announced the board of directors resolution of
Capital reduction
Date of events 2021/11/25 To which item it meets paragraph 11
Statement 
1.Date of the board of directors resolution:2021/11/25
2.Reason for capital reduction:capital reduction to cover losses
3.Amount of capital reduction:NTD700,000,000
4.Cancelled shares:70,000,000 shares
5.Capital reduction percentage:19.03%
6.Share capital after capital reduction:NTD2,977,565,000
7.Scheduled date of the shareholders meeting:NA
8.Estimated no.of listed common shares after issuance of new shares
upon capital reduction:NA
9.Estimated ratio of listed common shares after issuance of new shares upon
capital reduction to outstanding common shares:NA
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%:NA
11.The record date for capital reduction:2021/11/25
12.Any other matters that need to be specified:None.