Announcement of paid-in capital increase by allocation to a third party
On April 21, 2021, in accordance with the provisions of related laws such as the Commercial Act and Article 10 of our Articles of Incorporation, The board of directors of Catech H Co., Ltd. held a resolution to issue common stock through third-party allocation method, so the following announcement is made.
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- Type of new stock: redeemable convertible preferred stock
- Number of new shares issued: 600,000 shares
- Issuance price of new shares: Gold 5,000 won (par value 500 won)
- Total capital increase: KRW 3,000,000,000 in gold (issue price x number of shares expected to be issued)
- Allocation method of new shares: 3rd party allocation (Based on Article 10 of the company’s Articles of Incorporation (preemptive rights))
- Purpose of financing: operating funds and production facility construction
- Share payment date: May 6, 2021
- Dividend calculation date for new shares: January 1, 2021
- Other details regarding the issuance of new shares are left to the CEO, and this paid-in capital increase schedule is subject to change due to adjustments by the company or related organizations.
2021 april 21st
CEO of Catech H Co., Ltd. Jeong Jin-ho
