Amendment Date:
|
March 25, 2009 |
1. Relevant 6-K in connection with this Amendment
|
Resolution on Transfer of Treasury Shares | |
2. Filing Date of the Relevant 6-K in connection with this
Amendment
|
March 19, 2009 | |
3. Reason for Amendment
|
Confirmation of details on transfer of treasury shares | |
4. Items to be Amended |
Item | Before Amendment | After Amendment | ||||||
1. Shares Subject to
Transfer (Number)
Common Shares
|
2,000,000 | 1,999,997 | ||||||
2. Approximate Transfer
Price (Won)
Common Shares
|
Won 390,000,000,000 | Won 460,019,235,200 | ||||||
3. Transfer Period
|
Begins | | April 7, 2009 | |||||
Ends | | April 7, 2009 | ||||||
6. Number of
Treasury Shares
Before This
Transfer
|
Shares Owned under the Companys Account |
Common Shares | 3,189,254 | 4,513,998 | ||||
Percentage (%) of Outstanding Shares | 4.00% | 5.60% | ||||||
8. Other noteworthy
matters
|
- The number of shares to be transferred, transfer price and transfer period are to be determined after the pricing of the offshore exchangeable notes. | - In case an exchange price adjustment causes an increase in the number of shares to be exchanged, the number of shares to be transferred may increase; in this case, the Company will deposit additional treasury shares for exchange with the Korea Securities Depository. | ||||||
- The approximate purchase price was calculated by multiplying the number of shares expected to be transferred by the market closing price of the shares on the day preceding the Board resolution. | - In case it is not legally possible to exercise exchange options, the treasury shares will not be transferred. | |||||||
- In case an exchange price adjustment causes an increase in the number of shares to be exchanged, the number of shares to be transferred may increase; in this case, the Company will deposit additional treasury shares for exchange with the Korea Securities Depository. | - The Number of Treasury Shares Before This Transfer, which is 4,513,998 shares following amendment (see Item 6 above), includes 1,324,744 shares already deposited with the Korea Securities Depository for exchange with exchangeable bonds. | |||||||
- In case it is not legally possible to exercise exchange options, the treasury shares will not be transferred. |
1. Shares Subject
to Transfer
(Number)
|
Common Shares | 1,999,997 | ||||||||
Preferred Shares | | |||||||||
2. Approximate
Transfer Price
(Won)
|
Common Shares | Won 460,019,235,200 | ||||||||
Preferred Shares | | |||||||||
3. Transfer Period
|
Begins | April 7, 2009 | ||||||||
Ends | April 7, 2009 | |||||||||
4. Reason for Transfer
|
The Company plans to issue new exchangeable notes, to refinance exchangeable notes issued in May 2004 that are due to mature in May 2009 | |||||||||
5. Transfer Agent
|
| |||||||||
6. Number of
Treasury Shares
Before This
Transfer
|
Shares Owned under the Companys Account |
Common Shares | 4,513,998 | Percentage (%) of Outstanding Shares | 5.60% | |||||
Preferred Shares | | Percentage (%) of Outstanding Shares | | |||||||
Shares Beneficially Owned By the Company under Trustee Account |
Common Shares | 3,886,710 | Percentage (%) of Outstanding Shares | 4.80% | ||||||
Preferred Shares | | Percentage (%) of Outstanding Shares | | |||||||
7. Date of Board
Resolution
|
3/13/2009 | |||||||||
-Attendance of
Outside Director
|
In Attendance | 5 | ||||||||
Absent | 0 | |||||||||
-Attendance of Member
of Audit Committee
|
In Attendance | |||||||||
8. Other noteworthy
matters
|
- In case an exchange price adjustment causes an increase in the number of shares to be exchanged, the number of shares to be transferred may increase; in this case, the Company will deposit additional treasury shares for exchange with the Korea Securities Depository. | |||||||||
- In case it is not legally possible to exercise exchange options, the treasury shares will not be transferred. | ||||||||||
- The Number of Treasury Shares Before This Transfer, which is 4,513,998 shares following amendment (see Item 6 above), includes 1,324,744 shares already deposited with the Korea Securities Depository for exchange with exchangeable bonds. |
SK Telecom Co., Ltd. (Registrant) |
||||
By: | /s/ Tae Jin Park | |||
(Signature) | ||||
Name: | Tae Jin Park | |||
Title: | Vice President |