Redemption of EMC's Seventh issue of domestic unsecured CB and termination of TPEx trading on Aug 4
1.Date of occurrence of the event:2025/06/19
2.Company name:Elite Material Co., Ltd.
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:In accordance with Article 18 of the Company's
Procedures for the Issuance and Conversion of the Seventh Issue of Domestic
Unsecured Convertible Bonds
6.Countermeasures:
The issuing company will exercise its bond redemption right from
July 3, 2025 to August 1, 2025. The redemption price will be 100%
of the bond’s principal amount.
(1) According to Article 18 of the Company's Procedures for the Issuance
After the convertible bonds have been issued for three months, starting
from January 10, 2025, and ending 40 days before the bond maturity date
(August 30, 2029), if the closing price of the company's common stock on
the Taiwan Stock Exchange exceeds the conversion price by 30% (inclusive)
for 30 consecutive business days, the company may, within the next 30
business days, send a ”Bond Redemption Notice” by registered mail, which
will be effective after 30 days. This notice will be sent to the bondholders
listed in the bondholder registry as of the fifth business day before the
notice is mailed. For those who acquire the bonds later due to trading
or other reasons, the notice will be made public. The redemption price is
set at the face value of the convertible bonds, and the company will redeem
all outstanding bonds in cash. The company will request the Taipei Exchange
to announce this redemption. The company must execute the redemption request within five business days after the redemption date
by paying the face value of the bonds in cash.
(2) Last transfer period of Convertible Bond: N/A
(3) Bond redemption period: July 3, 2025 to August 1, 2025.
(4) Record date of bond redemption: August 1, 2025.
(5) Termination of Taipei Exchange trading date: August 4, 2025.
(6) Redemption notification by registered mailed date: July 3, 2025.
(7) Bond redemption procedures:
i) The convertible bonds are issued without the actual physical securities
print. Bondholders should submit the following documents to their original
broker to perform the bond redemption procedures.
1)The ”Application Form for Convertible Bond Conversion/Redemption/Put”
with the seal stamp for the central depository account.
2)The name and bank account of recipient should be provided. For securities
passbooks, go through the bond redemption procedures with correspondent
securities firms. (hereinafter referred to as ”TDCC Company”) submits an
application, and after the application is accepted, the company will be sent
to the company's stock agency. Effective force will be effective upon
delivery, and no withdrawal can be applied for.
ii) Creditors, starting from one business day before the notification
day, July 3, 2025 (July 2, 2025) till one business day before expiry date,
August 1, 2025 (July 31, 2025), can sell back to the company through
the broker.
iii) The bonds are redeemed at par in cash according to the denomination
of the bond, and is uniformly paid by remittance or mailing check on
August 8, 2025, to the applicants, the remittance (postage) is directly
deducted from the redemption price.
(8) If bondholders do not wish the company to exercise its redemption right
and request the conversion of the bonds into common shares,
they must complete the conversion process through
the securities broker no later than August 5, 2025
(9) EMC's agent of stock affairs:
Oriental Securities Co., Ltd., Stock Transfer Agent Department
Address: 13F, No. 16, Xinzhan Rd., Banqiao Dist., New Taipei City,
Taiwan (R.O.C.) Tel: (02) 7753-1699
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.):
Caution: Investors are advised that if bondholders do not wish the company
to exercise its redemption right, they may apply for conversion into common
shares at the conversion price of NT$490.7 through their designated
securities firm. The conversion procedure must be completed no later
than August 5, 2025.