Page 68 - TSMC 2018 Annual Report

4 3 Preferred Shares
4 3 1 Preferred Share: None 4 3 2 Preferred Share with Warrants: None 4 4 4 4 Issuance of American Depositary Shares
Issuing Date
10/08/1997
11/20/1998
01/12/1999 - 01/14/1999
07/15/1999
08/23/1999 - 09/09/1999
02/22/2000 - 03/08/2000
04/17/2000
06/07/2000 - - 06/15/2000 Total Amount (US$)
594 720 000 184 554 440
35 500 000 296 499 641
158 897 089
379 134 599
224 640 000 1 1 167 873 850 Offering Price Per ADS (US$)
24 78
15 26
17 75
24 516
28 964
57 79 56 16 35 75
Units Issued
24 000 000 000 000 12 094 000 2 000 000 000 000 12 094 000 5 486 000 6 6 560 000 4 000 000 000 000 32 667 800 Common Shares
Represented
120 000 000 000 000 60
470 000 10 000 000 000 000 60
470 000 27 430 000 32 800 000 20 000 000 000 000 163 339 000 000 Underlying Securities
TSMC Common Shares
from Selling Shareholders
TSMC Common Shares
from Selling Shareholders
TSMC Common Shares
from Selling Shareholders
TSMC Common Shares
from Selling Shareholders
TSMC Common Shares
from Selling Shareholders
(Pursuant to ADR Conversion Sale Program)
TSMC Common Shares
from Selling Shareholders
(Pursuant to ADR Conversion Sale Program)
TSMC Common Shares
from Selling Shareholders
Cash Offering and TSMC Common Shares
from Selling Shareholders
Apportionment of Expenses for Issuance and Maintenance
(Note 3)
Issuance and Listing
Rights and Obligations of ADS Holders
Trustee
Depositary Bank
Custodian Bank
(Note 1)
ADSs Outstanding (Note 2)
Terms and Conditions in the Deposit Agreement and Custody Agreement Closing Price Per ADS (US$ source: Bloomberg)
2018
High
Low
Average
01/01/2019 - 02/28/2019
High
Low
Average
(Note 4)
NYSE
Same as those of Common Share Holders
Not Applicable
Citibank N N A – New York
Citibank N A – Taipei Branch
As of of February 28 2019 total number of of outstanding ADSs was 1 1 1 068 051 367 See Deposit Agreement Agreement and Custody Agreement Agreement for Details
46 38 35 29 40
62 39 60
34 36 37 39 66 Note Note 1: Citibank Citibank N N N A A Taipei Branch
changed its name to to “Citibank Taiwan Limited” in in in in in 2009 Note 2: TSMC has in in in in aggregate issued 813 544 500 ADSs ADSs since 1997
which if taking into consideration stock dividends distributed over the period would amount to to to to 1 1 1 1 147 835 205 ADSs ADSs Stock
dividends distributed in 1998
1999 2000 2001 2002 2003 2004 2005 2006 2007
2008 and 2009 were 45% 23% 28% 40% 10% 8% 8% 8% 14 08668% 4 4 4 4 4 4 99971% 2 2 2 2 2 2 2 2 2 2 2 2 2 2 99903% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 49991% 0 0 0 0 0 0 50417% and and 0 0 0 0 0 0 49998% respectively As of of February 28 2019 total number of of outstanding ADSs was 1 1 1 1 068 051 367 after 79 783 838 were redeemed Note 3: All fees fees fees fees and and expenses expenses expenses such such as as underwriting fees fees fees fees legal fees fees fees fees listing fees fees fees fees and and other expenses expenses expenses related to issuance of ADSs were borne by the the selling shareholders while maintenance expenses expenses expenses such such as as annual listing fees fees and accountant fees fees were borne by TSMC Note 4: All fees fees fees fees and and and expenses expenses such as underwriting fees fees fees fees legal fees fees fees fees listing fees fees fees fees and and and other expenses expenses related to issuance of ADSs were borne proportionately by TSMC and and and the the selling shareholders while maintenance expenses such as annual listing fees fees and accountant fees fees were borne by TSMC