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, under the terms of issue, the acquisition price at which the Company acquires them will be changed from ¥517 to ¥515. Applies on and after 1 October 2026.

Worth reading
7Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
2
¥/share reduction
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Revision to the acquisition price of Class A preferred shares

Most recent equity financing
Timing 29 November 2019 / Type Issuance of Class A preferred shares / Amount Not disclosed
Acquisition price
Before revision ¥517 / After revision ¥515 / Effective date On and after 1 October 2026
Details of issuance or disposal
ItemDetails
Type of issuance or disposalRevision to the acquisition price of Class A preferred shares
Most recent equity financingTiming 29 November 2019 / Type Issuance of Class A preferred shares / Amount Not disclosed
Acquisition priceBefore revision ¥517 / After revision ¥515 / Effective date On and after 1 October 2026
Items this document does not state (26)
Number 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 sharesBasis for determining the amount to be paidExercise 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.

Because this follows the calculation method stipulated in the terms of issue for the Class A preferred shares issued on 29 November 2019.

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