Satudora Holdings Co.,Ltd.
Notice Concerning Share Consolidation, Abolition of Unit Share System and Partial Amendment of the Articles of Incorporation
Implement a share consolidation and delist by November 24, 2026; consolidation ratio is 2,487,400 shares into 1 share; post-consolidation issued shares will total 5 shares; plan to cancel 456,302 treasury shares. Amend Articles to set authorized shares to 20 shares and abolish the unit share system. An extraordinary shareholders meeting is scheduled for November 6, 2026.
Key Figures
- Consolidation Ratio: Consolidate 2,487,400 shares into 1 share
- Final Issued Shares (post-consolidation): 5 shares
- Scheduled Delisting Date: 2026-11-25
AI要約
Overview of the Matter
This notice concerns a significant capital policy involving an amendment to the Articles of Incorporation centered on share consolidation and abolition of the unit share system. The consolidation ratio is to combine 2,487,400 shares into 1 share, reduce the authorized shares to 20 shares after consolidation, and abolish the unit share system concurrently. Procedures including an extraordinary shareholders meeting are specified, and a schedule that anticipates delisting is presented.
Background and Future Impact
This transaction is part of a structural corporate reorganization that includes taking the company private through a tender offer; after delisting, shares will no longer be tradable. Fractional shares resulting from the consolidation will be settled by cash payment for fractions less than one share, and the fractional amounts will be sold to the tender offeror with court approval.
Satudora Holdings Co.,Ltd.
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