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Adjustment of Conversion Price for CB due 2022

18th May 2017 07:00

RNS Number : 4903F
Konami Holdings Corporation
18 May 2017
 

May 18, 2017

FOR IMMEDIATE RELEASE

Company Name:

KONAMI HOLDINGS CORPORATION

Representative:

Takuya Kozuki, Representative Director, President

Shares listed:

Tokyo Stock Exchange and London Stock Exchange

Contact:

Junichi Motobayashi, General Manager, Finance and Accounting Department

(Phone: +81-3-5771-0222)

 

News Release: Notice Regarding Adjustment of Conversion Price for

 10,000,000,000 Yen Zero Coupon Convertible Bonds Due 2022

KONAMI HOLDINGS CORPORATION (the "Company") hereby announces the adjustment of the conversion price for its 10,000,000,000 yen Zero Coupon Convertible Bonds due 2022 (the "Bonds").

 

1. Adjustment of Conversion Price

 

Name of issue

Conversion price

prior to the adjustment

Conversion price

after the adjustment

10,000,000,000 yen Zero Coupon Convertible Bonds due 2022

4,549.7 yen

4,513.9 yen

 

2. Record Date

As of March 31, 2017 (Japan time)

 

3. Effective Date for the New Conversion Price

Retroactively from the day after the Record Date set out above (Japan time)

 

4. Reason for the Adjustment

Adjustment of Conversion Price pursuant to Condition 5.2.4 of the terms and conditions of the Bonds due to the Extraordinary Dividend (as defined in such Condition 5.2.4) resulting from payment of an annual dividend of 58 yen per Share. The Payment of such dividend was approved at a meeting of the board of directors on May 18, 2017.

 

 

End of File

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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