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Reference Price for Capital Reduction

The information provided below is available since July 2021.
Date of
resumed
trading
Code Name Closing
price
on
last
trading
date
Post-
Reduction
Reference
Price
Limit
up
Limit
down
Opening
reference
price
Ex-right
Reference
Price
Reason
for
capital
reduction
Detailed
information


Formula:
  1. Cash refund: Post-Reduction Reference Price = (Closing price on last trading date - Return of capital per share)/(Share ratio of post-reduction to pre-reduction)
  2. Making up losses: Post-Reduction Reference Price = (Closing price on last trading date)/(Share ratio of post-reduction to pre-reduction)
  3. Capital reduction to make up losses and capital increase:
    Post-Reduction Reference Price = (Closing price on last trading date)/(Share ratio of post-reduction to pre-reduction)
    Cash capital increase ex-right reference price post reduction = (Post-Reduction Reference Price + Subscription price per share * Subscription ratio to new shares issued after capital reduction)/(1 + Subscription ratio to new shares issued after capital reduction)