MediaTek Announces Subsidiary Digimoc Holdings' Acquisition of Reed Semiconductor Shares

Disclosure Date: 1150627
Statement Date: 1150626
Statement Time: 170652
Company Code: 2454
Company Name: MediaTek
Subject: Announcement of Securities Acquisition by Subsidiary Digimoc Holdings Limited
Compliance Clause: Clause 20
Factual Date: 1150626
Details: 1. Name and nature of the subject (if preferred stock, specify terms such as dividend rate):
Reed Semiconductor Corp; Preferred Stock
2. Factual Date: 115/6/26 ~ 115/6/26
3. Board Approval Date: June 26, 115
4. Other Approval Dates: Not applicable
5. Transaction quantity, unit price, and total transaction amount:
Number of units: 3,222,875 shares; Unit price: approximately USD 8.99; Total transaction amount: approximately USD 29 million
6. Counterparty and its relationship with the company (if the counterparty is an individual and not a related party, name disclosure may be omitted):
Reed Semiconductor Corp; Unrelated party
7. If the counterparty is a related party, state the reason for selection, previous transferor, relationships among previous transferor, company, and counterparty, transfer date, and amount:
Not applicable
8. If the owner of the acquired securities was a related party within the past five years, disclose the acquisition/disposal date, price, and relationship with the company at the time:
Not applicable
9. Matters related to the disposal of receivables (including types of attached collateral; if receivables from related parties, disclose names and book amounts):
Not applicable
10. Gain (or loss) from disposal (not applicable for acquisition of securities) (if previously deferred, explain recognition status):
Not applicable
11. Delivery or payment terms (including period and amount), contractual restrictions, and other important agreements:
As per contract terms
12. Decision-making method for this transaction, reference basis for pricing, and decision-making unit:
Resolution by the board of Digimoc Holdings Limited, with reference to independent expert's reasonableness opinion
13. Net asset value per share of the securities-issuing company:
NT$1.54
14. Cumulative holdings of these securities (including this transaction) to date: quantity, amount, ownership percentage, and rights restrictions (e.g., pledge status):
Cumulative holding quantity: 3,222,875 shares; Cumulative holding amount: approximately USD 29 million; Ownership percentage: approximately 4.1%; Rights restrictions: None
15. Cumulative securities investments (including this transaction) under Article 3 of the 'Regulations on Acquisition or Disposition of Assets by Publicly Issued Companies' as a percentage of total assets and equity attributable to parent in the company's latest financial statements, and the amount of working capital in the latest financial statements (Note 2):
6.2%; 10.5%; NT$34,681,614 thousand
16. Broker and brokerage fees:
None
17. Specific purpose or use of the acquisition or disposition of securities:
Financial investment
18. Dissenting opinions from directors regarding this transaction:
None
19. Is this transaction a related-party transaction? No
20. Date of supervisor approval or audit committee consent:
Not applicable
21. Did the accountant issue a non-reasonableness opinion? No
22. Name of accounting firm:
Yang Chih & Associates Certified Public Accountants
23. Accountant's name:
Hu Hsiang-Ning
24. Accountant's license number:
Chung-Shih CPA No. 0191
25. Does this involve a change in business model? No
26. Explanation of business model change:
None
27. Transaction history with the counterparty in the past year and expected in the next year:
Not applicable
28. Source of funds:
Not applicable
29. Previous material information disclosure date for the same event: Not applicable
30. Other statements:
None