Komori
Share Issuance and Disposal5202Nippon Sheet Glass Company,LimitedConstruction and Materials

Notice Regarding the Exercise by Holders of Class A Shares of Rights to Request Acquisition of Class A Shares in Exchange for Common Shares

3 holders of Class A Shares exercised their rights to request acquisition, converting 22,644 Class A Shares into 38,252,710 common shares. As a result, the number of common shares increased from 104,066,552 to 142,319,262, while the number of Class A Shares fell to 0.

Worth reading
60In focus
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
38252710
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Delivery of common shares in connection with the exercise of rights to request acquisition of Class A Shares in exchange for common shares

Who receives how much

New shares 38,252,710 new shares / Treasury shares Not disclosed

Japan Industrial Solutions No. 2 Investment Limited Partnership12,913,077 shares
UDS Corporate Mezzanine No. 3 Investment Limited Partnership11,402,835 shares
UDS Corporate Mezzanine No. 4 Investment Limited Partnership13,936,798 shares

The height of each bar represents the proportion of shares received by each allottee. The thin line below represents the number of existing shares to which these shares are added.

Existing Shares and Increase
+36.76%Rate of increase
104,066,552 shares142,319,262Shares

36.76% based on common shares (an increase of 38,252,710 shares from 104,066,552 shares)

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Categories and Number of Persons Covered
3 holders of Class A Shares (the number of shares to be delivered to each is as stated)
Most recent equity financing
Issuance of Class A Shares through a third-party allotment dated 2 February 2017 (the issue amount is not stated in this document)
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDelivery of common shares in connection with the exercise of rights to request acquisition of Class A Shares in exchange for common shares
Number of shares to be issued or disposed ofNew shares 38,252,710 new shares / Treasury shares Not disclosed
Intended allotteeName Japan Industrial Solutions No. 2 Investment Limited Partnership / Number of Shares 12,913,077 shares, Name UDS Corporate Mezzanine No. 3 Investment Limited Partnership / Number of Shares 11,402,835 shares, Name UDS Corporate Mezzanine No. 4 Investment Limited Partnership / Number of Shares 13,936,798 shares
Dilution Rate36.76% based on common shares (an increase of 38,252,710 shares from 104,066,552 shares)
Total number of issued shares104,066,552 shares (common shares) → 142,319,262 shares (common shares)(36.76%)
Categories and Number of Persons Covered3 holders of Class A Shares (the number of shares to be delivered to each is as stated)
Most recent equity financingIssuance of Class A Shares through a third-party allotment dated 2 February 2017 (the issue amount is not stated in this document)
Items this document does not state (21)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allottee's holding policyBasis for determining the amount to be paidExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offeringImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The company received requests from holders of Class A Shares to exercise their rights to request acquisition of all of their Class A Shares in exchange for common shares.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Exercise by Holders of Class A Shares of Rights to Request Acquisition of Class A Shares in Exchange for Common Shares | Nippon Sheet Glass Company,Limited (5202) timely disclosure | Komori