Board Approves Record Date for Employee Stock Option Conversion to Common Shares
Original: 公告本公司董事會決議通過員工認股權憑證轉換普通股之 增資基準日
Summary
PSMC's board of directors has resolved to approve the capital increase record date (基準日) governing the conversion of employee stock option certificates (員工認股權憑證) into ordinary common shares. The exercise of these options will result in new share issuance, modestly diluting existing shareholders. Full body available on MOPS.
Full Translation
Announcement that the Board of Directors has resolved to approve the capital increase record date for the conversion of employee stock option certificates into common shares. Employee stock option certificates (warrants granted to employees under an approved stock option plan) that are eligible for exercise will be converted into newly issued ordinary shares of PSMC (6770.TW) as of the approved record date, constituting a capital increase through employee stock option exercise. The record date determines which option-holders' conversions are reflected in the enlarged share capital. This is a standard execution step following prior board approval of the stock option plan and individual grant terms. [Body not available — subject line only. See MOPS for full announcement.]