Support for Pan Pacific International Holdings Corporation’s Tender Offer
First written in FY2023-Q1. 1 of 2 entries say "Achieved", first in FY2023-Q2. Latest entry: FY2023-Q2.
0 other companies' latest entry also says "Achieved".
- FY2023-Q2AchievedAnnual report
「As a result of 株式会社ファミリーマート tendering its shares in our common stock in the tender offer conducted by Pan Pacific International Holdings Corporation from 12 July 2022 through 9 August 2022, 株式会社ファミリーマート ceased to qualify as a major shareholder.」
With respect to the tender offer described previously, the offer period ended, and FamilyMart tendered its shares and ceased to be a major shareholder. - FY2023-Q1First statedAnnual report
「At a meeting of the Board of Directors held on 11 July 2022, the Company resolved to express its support for the tender offer by Pan Pacific International Holdings Corporation (the "Tender Offeror") for the Company's common shares (the "Company Shares" and the "Tender Offer", respectively), while leaving it to the Company's shareholders to decide whether to tender their shares. This resolution of the Board of Directors was made on the premise that the Tender Offeror planned to acquire Company Shares held by FamilyMart Co., Ltd., the Company's second-largest and a major shareholder, comprising 1,145,061 shares, or 11.83% of the shares outstanding. The tender offer period was set from 12 July 2022 to 9 August 2022, and settlement for the tendered shares was scheduled to commence on 16 August 2022.」
The Company expressed its support for the tender offer and resolved to leave the decision on whether to tender shares to shareholders. The offer covered the 1,145,061 shares held by FamilyMart, representing 11.83%, and specified the tender offer period and scheduled settlement commencement date.