Komori
Share Issuance and Disposal7150THE SHIMANE BANK,LTD.Banks

Notice Regarding the Revision of the Acquisition Price of Class A Preferred Shares

For the Class A preferred shares issued in 2019, the acquisition price will be increased from ¥498 to ¥517 per share. The revised price will apply from 1 April 2026.

Worth reading
43Recurring
Scored from 2 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
19
Yen/share
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Basis for determining the amount to be paid
Calculation method stipulated in the Terms and Conditions of Issue of the Class A Preferred Shares
Most recent equity financing
29 November 2019: Issuance of Class A preferred shares (issue amount: Not disclosed)
Details of issuance or disposal
ItemDetails
Basis for determining the amount to be paidCalculation method stipulated in the Terms and Conditions of Issue of the Class A Preferred Shares
Most recent equity financing29 November 2019: Issuance of Class A preferred shares (issue amount: Not disclosed)
Items this document does not state (26)
Type of issuance or disposalNumber of shares to be issued or disposed ofIssue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateIntended allotteeIntended allottee's holding policyDilution RateTotal number of issued sharesExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal 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 acquisition price is being revised in accordance with the calculation method stipulated in the Terms and Conditions of Issue of the Class A Preferred 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 Revision of the Acquisition Price of Class A Preferred Shares | THE SHIMANE BANK,LTD. (7150) timely disclosure | Komori