SEED Co.,Ltd.
Announcement of the Start of a Tender Offer by Lux Share Precision Cayman Limited for Seed Co., Ltd. (Securities Code: 7743) common shares
Announces the start of the tender offer. Offer price is 795 yen per common share, minimum number of shares to acquire is 5,408,800, period from 2026/08/27 to 2026/10/13, with intent to acquire all targeted shares and go private. Policies to simplify ownership to the tender offeror and Mr. Arai only, revising organization structure, and implementing a stock consolidation and stock split are being considered. Settlement is scheduled to commence on 2026/10/20.
Key Figures
- Offer price: 795 円(株)
- Minimum number of shares to be acquired: 5,408,800 株
- Settlement start date: 2026-10-20
AI要約
Overview of the Tender Offer
The tender offeror has announced the decision to start this tender offer with the aim of acquiring Seed Co., Ltd.’s ordinary shares to take the company private. The offer price is 795 yen per share, the minimum number of shares to be acquired is 5,408,800 shares, and the period is from August 27, 2026 to October 13, 2026 (30 business days). Expressions of support and recommendation from the target have already been stated, and a plan for organizational restructuring after the tender offer is also indicated.
Policies on post-tender offer organizational restructuring, etc.
Even if this tender offer completes, if all targeted shares are not acquired, the policy is to make the shareholders the tender offeror and Mr. Arai only through a stock consolidation and amendments to the articles of incorporation. Details of procedures, handling of fractional shares, and cash payments following court decisions are expected, with final amounts determined proportionally to the number of shares. Other related transactions, such as the sale of 85.10% of Okudevices and the transfer of shares of the Taiwanese subsidiary, will proceed in parallel.
Seed Co., Ltd.
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