PSC announces the Chairman was authorized to set the record date of 2019 dividend distribution and c
SEQ_NO
1
Date of announcement
2020/06/19
Time of announcement
15:03:30
Subject
PSC announces the Chairman was authorized to set the record date of 2019 dividend distribution and capital increase.
Date of events
2020/06/19
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2020/06/19 2.Company name:President Securities Corporation 3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):head office 4.Reciprocal shareholding ratios:NA 5.Cause of occurrence: President Securities Corp. announces the Chairman was authorized by the board of directors’meeting to set the record date of 2019 dividend distribution and capital increase. 6.Countermeasures:NA 7.Any other matters that need to be specified: (1)The proposal of 2019 earnings distribution, cash dividends was NT$1,372,390,028 (NT$1 per share) and stock dividends was NT$274,478,010 (20 shares for each 1,000 shares), respectively, was approved by 2020 shareholders’ meeting on Jun. 19th, 2020. Fractional shares will be needed to register for combination within 5 days after the ex-rights date. Shares couldn’t be rounded as one share will be cashed according to their face value (rounded till dollar).Fractional shares will be allocated to Employee Welfare Committee gratuitously. (2)The Chairman was authorized by Board of Directors to set the record date of 2019 dividend distribution and capital increase after the approval from government for the capital increase application. If the outstanding shares changed due to the conversion of convertible bond, the exercising of employee stock option certificates or the transactions, conversion, cancelation of treasury stock result in the allotment ratio of cash dividends and the ratio of stock dividends changed,the final ratio will be determined fully by the Chairman authorized by Board of Directors.