LG.Philips LCD Co., Ltd. Form 6-K Summary
Business Context and Reporting Period
This Form 6-K was filed on October 18, 2005, by LG.Philips LCD Co., Ltd., a foreign private issuer headquartered in Seoul, Republic of Korea. The report covers the period from September 21, 2005, to October 17, 2005, and specifically addresses the conversion of Overseas Depositary Receipts (DRs) into underlying shares.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on capital structure changes related to American Depositary Receipts (ADRs).
Material Changes
During the reporting period, the following changes occurred regarding the surrender of DRs and withdrawal of underlying shares:
- Shares Withdrawn: 3,619,470 underlying shares were withdrawn upon the surrender of DRs.
- Ratio to Issued Shares: The withdrawn shares represent 1.01% of the total issued underlying shares (357,815,700).
- Net Conversion Activity: There was a net conversion from ADRs to underlying shares of 28,513,990 shares for the period.
Outlook, Risks, and Management Commentary
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It serves as a statutory disclosure of share conversion mechanics and volumes.
Investor Verification Points
- Verify the total number of issued underlying shares (357,815,700) against the company's latest annual report.
- Confirm the current balance of underlying shares issued for ADRs, which stands at 37,661,710 as of the disclosure date.
- Note the conversion ratio: Two ADR shares equal one underlying share.
- Check the maximum outstanding limit for ADR shares, which is 136,191,400.