LPL » Topics » 15. Capital Stock

This excerpt taken from the LPL 6-K filed Mar 30, 2007.

15. Capital Stock

On March 19, 2004, at their Annual General Meeting, the stockholders approved the increase in the authorized shares from 200 million to 400 million, and a stock split on a 2:1 basis effective May 25, 2004. The number of issued common shares as of December 31, 2006, is 357,815,700 (2005: 357,815,700).

In July 2004, pursuant to Securities Registration Statement filed on July 16, 2004, with the Korea Stock Exchange, the Company sold 8,640,000 shares of common stock for (Won)298,080 million. Concurrently, pursuant to a Form F-1 registration statement filed on July 15, 2004, with the U.S. Securities and Exchange Commission, the Company sold 24,960,000 shares of common stock in the form of American Depositary Shares (“ADSs”) for proceeds of US$748,800 thousand. In September 2004, pursuant to “Underwriting Agreement” dated July 15, 2004, the Company sold an additional 1,715,700 shares of common stock in the form of ADSs for US$51,471 thousand. In July 2005, pursuant to the Form F-1 Registration statement filed on July 22, 2005, with the U.S. Securities and Exchange Commission, the Company sold 27,900,000 shares of common stock in the form of American Depositary Shares (“ADSs”) for gross proceeds of US$ 1,189,656 thousand. In addition, pursuant to the “Underwriting Agreement” dated July 21, 2005, the Company issued 4,600,000 shares of common stock for gross proceeds of US$ 196,144 thousand.

Issuances and other movements in common stock from January 1, 2005 to December 31, 2006, are as follows:

 

(in millions of Korean won)

 

Date of Issuance

  

Remarks

   Par Value    Additional
Paid-in Capital
 

January 1, 2005, balance

      (Won) 1,626,579    (Won) 1,012,271  

July 26, 2005

   Issuance of common stock      162,500      1,259,469  
   Stock issuance cost      —        (20,627 )
                  

December 31, 2005, balance

      (Won) 1,789,079    (Won) 2,251,113  
                  

December 31, 2006, balance

      (Won) 1,789,079    (Won) 2,251,113  
                  

 

37


Table of Contents

LG. Philips LCD Co., Ltd.

Notes to Non-Consolidated Financial Statements

December 31, 2006 and 2005

 

This excerpt taken from the LPL 6-K filed Feb 20, 2007.

15. Capital Stock

On March 19, 2004, at their Annual General Meeting, the stockholders approved the increase in the authorized shares from 200 million to 400 million, and a stock split on a 2:1 basis effective May 25, 2004. The number of issued common shares as of December 31, 2006, is 357,815,700 (2005: 357,815,700).

In July 2004, pursuant to Securities Registration Statement filed on July 16, 2004, with the Korea Stock Exchange, the Company sold 8,640,000 shares of common stock for (Won)298,080 million. Concurrently, pursuant to a Form F-1 registration statement filed on July 15, 2004, with the U.S. Securities and Exchange Commission, the Company sold 24,960,000 shares of common stock in the form of American Depositary Shares (“ADSs”) for proceeds of US$748,800 thousand. In September 2004, pursuant to “Underwriting Agreement” dated July 15, 2004, the Company sold an additional 1,715,700 shares of common stock in the form of ADSs for US$51,471 thousand. In July 2005, pursuant to the Form F-1 Registration statement filed on July 22, 2005, with the U.S. Securities and Exchange Commission, the Company sold 27,900,000 shares of common stock in the form of American Depositary Shares (“ADSs”) for gross proceeds of US$ 1,189,656 thousand. In addition, pursuant to the “Underwriting Agreement” dated July 21, 2005, the Company issued 4,600,000 shares of common stock for gross proceeds of US$ 196,144 thousand.

Issuances and other movements in common stock from January 1, 2005 to December 31, 2006, are as follows:

 

(in millions of Korean won)                 

Date of Issuance

   Remarks    Par Value    Additional
Paid-in Capital
 
January 1, 2005, balance       (Won) 1,626,579    (Won) 1,012,271  
July 26, 2005    Issuance of common stock      162,500      1,259,469  
   Stock issuance cost      —        (20,627 )
                  
December 31, 2005, balance       (Won) 1,789,079    (Won) 2,251,113  
                  
December 31, 2006, balance       (Won) 1,789,079    (Won) 2,251,113  
                  

 

90


Table of Contents

LG. Philips LCD Co., Ltd.

Notes to Non-Consolidated Financial Statements

December 31, 2006 and 2005

 

This excerpt taken from the LPL 6-K filed Feb 14, 2006.

15. Capital Stock

 

On March 19, 2004, at their Annual General Meeting, the stockholders approved an increase of the authorized shares from 200 million to 400 million, and a stock split on a 2:1 basis effective May 25, 2004. The number of issued common shares as of December 31, 2005, is 357,815,700 (2004: 325,315,700).

 

In July 2004, pursuant to Securities Registration Statement filed on July 16, 2004, with the Korea Stock Exchange, the Company sold 8,640,000 shares of common stock for (Won)298,080 million. Concurrently, pursuant to a Form F-1 registration statement filed on July 15, 2004, with the U.S. Securities and Exchange Commission, the Company sold 24,960,000 shares of common stock in the form of American Depositary Shares (“ADSs”) for proceeds of US$748,800 thousand. In September 2004, pursuant to “Underwriting Agreement” dated July 15, 2004, the Company sold an additional 1,715,700 shares of common stock in the form of ADSs for US$51,471 thousand. In July 2005, pursuant to the Form F-1 Registration statement filed on July 22, 2005, with the U.S. Securities and Exchange Commission, the Company sold 27,900,000 shares of common stock in the form of American Depositary Shares (“ADSs”) for gross proceeds of US$ 1,189,656 thousand. In addition, pursuant to the “Underwriting Agreement” dated July 21, 2005, the Company issued 4,600,000 shares of common stock for gross proceeds of US$ 196,144 thousand. The Company intends to use the proceeds from these sales to fund the capital expenditures in connection with the construction of TFT-LCD fabrication plant and other LCD facilities.

 

Issuances and other movements in common stock from January 1, 2004 to December 31, 2005, are as follows:

 

(in millions of Korean won)

 

                

Date of Issuance


  

Remarks


   Par Value

   Additional
Paid-in Capital


 

January 1, 2004, balance

        (Won) 1,450,000    (Won) —    

July 22, 2004

   Issuance of common stock      168,000      1,001,833  

September 7, 2004

   Issuance of common stock      8,579      50,721  
     Stock issuance cost      —        (40,283 )

July 26, 2005

   Issuance of common stock      162,500      1,259,469  
     Stock issuance cost      —        (20,627 )
         

  


December 31, 2005, balance

        (Won) 1,789,079    (Won) 2,251,113  
         

  


 

34


Table of Contents

LG. Philips LCD Co., Ltd.

Notes to Non-Consolidated Financial Statements

December 31, 2005 and 2004

 

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