TUC - Taiwan Union Technology Corporation

04/25/2024 | Press release | Distributed by Public on 04/25/2024 00:15

Announcement of the conversion price and premium rate of the Company’s fourth domestic unsecured conversion of corporate bonds.

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Provided by: TAIWAN UNION TECHNOLOGY CORPORATION
SEQ_NO 1 Date of announcement 2024/04/25 Time of announcement 14:13:15
Subject
 Announcement of the conversion price and premium
rate of the Company's fourth domestic unsecured
conversion of corporate bonds.
Date of events 2024/04/25 To which item it meets paragraph 53
Statement
1.Date of occurrence of the event:2024/04/25
2.Company name:Taiwan Union Technology Corporation
3.Relationship to the Company (please enter "head office" or
  "subsidiaries"):head office
4.Reciprocal shareholding ratios:Not applicable
5.Cause of occurrence:
The conversion price is determined in accordance with the Company's
"Regulations  for the Issuance and Conversion of Domestic Fourth Unsecured
 Conversion Corporate Bonds".
6.Countermeasures:Not applicable
7.Any other matters that need to be specified(the information
 disclosure also meets the requirements of Article 7, subparagraph 9
 of the Securities and Exchange Act Enforcement Rules, which brings
 forth a significant impact on shareholders rights or the price of
 the securities on public companies.):
(1)The Company's issuance of the fourth domestic unsecured conversion
corporate bond was declared effective by the Financial Supervision and
Administration Commission in Letter No. 1130338401 dated April 16, 2024.
(2)Taking April 25, 2024 as the base date for setting the conversion price,
the average closing price of common stocks in the five business days before
 NT$ 164.7 was used as the base price, and the conversion premium rate was
 103.22%.
(3)The conversion price is set at NT$170 per share as stated above.