Source - RNS
RNS Number : 5683H
Hon Hai Precision Industry Co Ld
08 June 2017
 

Subject: Subsidiary Foxconn Venture Pte, Ltd.,part of the Hon Hai Group has obtained Katerra Inc. (Cayman) shares

Date of events:2017/06/08

Contents:

1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g.dividend yield):

Katerra Inc.(Cayman) Preferred Stock

2.Date of occurrence of the event: 2017/06/08

3.Volume, unit price, and total monetary amount of the transaction:

810,810 shares at USD$37 each;total amount equals USD$29,999,970

4.The manner in which the current transaction was decided, the reference basis for the decision on price, and the decision-making department: Negotiation;Per market price;Board of Directors

5.Current cumulative volume, amount, and shareholding percentage of holdings of the security being traded (including the current trade) and status of any restriction of rights (e.g.pledges):

RMB100,000,000approximately 100%restriction of rights:None

6.Current ratio of long or short term securities investment (including the current trade) to the total assets and shareholder's equity as shown in the most recent financial statement and the operating capital as shown in the most recent financial statement:

810,810 sharesUSD29,999,970approximately 2.5%

restrictiion of rights:None

7.Concrete purpose or use of the acquisition or disposal:

Strategy Investment

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCMMGGVZRZGNZM