Japan Prime Realty Investment Corporation
Notice on Determination of Number of Investment Units Issued in Third-Party Allocation
Japan Prime Realty Investment Corporation issued 5,000 new investment units via third-party allocation at 99,075 yen per unit, raising a total of 495,375,000 yen. The allottee is Mizuho Securities Co., Ltd., and the funds will be allocated for the acquisition of specific assets or repayment of borrowings.
Key Figures
- Number of Units Issued: 5,000 units
- Issue Price: 99,075 yen
- Raised Amount: 495,375,000 yen
- Dilution Rate: 0.12%
- Payment Amount: 495,375,000 yen
- Allottee: Mizuho Securities Co., Ltd.
AI要約
Overview of Capital Policy
At the board meetings held on November 28 and December 3, 2025, Japan Prime Realty Investment Corporation resolved to issue new investment units through a public offering and secondary offering, alongside a third-party allocation of new investment units. The third-party allocation consists of 5,000 units at a payment amount of 99,075 yen per unit, totaling 495,375,000 yen. The allottee is Mizuho Securities Co., Ltd., with an application period of December 24, 2025, and payment deadline of December 25, 2025.
Impact on Unitholders and Use of Funds
Following the third-party allocation issuance, the total number of outstanding investment units will increase from 4,043,256 units to 4,048,256 units, resulting in a dilution rate of approximately 0.12%, which is limited in impact. The dilution rate was calculated by dividing the number of newly issued units (5,000 units) by the total number of outstanding units (4,043,256 units). The net proceeds of 495,375,000 yen are planned to be used for future acquisition of specific assets or repayment of borrowings, with funds deposited in financial institutions until disbursed.
