Mitsuba Corporation
Notice Regarding the Result of the Tender Offer for Ryoyo Systems, Inc. Shares
Announcement of the results of a tender offer including amount, period, and share count. Offer price is 5,200 yen per share, planned number of shares to be acquired 1,703,447 shares, lower limit 537,260 shares. Mitsuba to acquire 1,003,800 shares, Chubu Electric Power 595,886 shares. Ultimately all tendered shares will be acquired. Tender offer period from 2026/05/15 to 2026/07/08, settlement to commence on 07/15 through Mizuho Securities.
Key Figures
- Tender price: 5,200 yen/share
- Number of shares to be acquired: 1,703,447 shares
- Total number of tendered shares: 1,599,686 shares
AI要約
Overview of the Tender Offer
The tender offeror is Mitsuba and Chubu Electric Power, targeting Ryoyo Systems' ordinary shares. Offer terms include acquiring 1,703,447 shares with a lower limit of 537,260 shares. Offer price is 5,200 yen per share. Ultimately, all tendered shares are planned to be acquired. The tender offer period runs from May 15, 2026 to July 8, 2026, with settlement commencing on July 15 through Mizuho Securities.
Future Policy and Listing
Post-tender offer, the policy is to restrict ownership to the tender offerors. In accordance with delisting criteria, the target's shares will be halted from trading on the Tokyo Stock Exchange Standard Market, and delisting is expected after appropriate procedures. Further procedures will be disclosed after consultations with the target.
Mitsuba Corporation
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