Wakachiku Construction Co., Ltd.
Announcement Regarding Opinion Statement on Tender Offer for Our Shares by ACVE Holdings LLC
A tender offer will be conducted from February 13 to March 13, 2026, targeting 1,071,262 shares (8.42%) at 4,455 yen per common share, aiming for consolidation of Wakachiku Construction into the Aso Group as a consolidated subsidiary.
Key Figures
- Tender Offer Price: 4,455 yen/share
- Number of Shares Planned to be Purchased: 1,071,262 shares (8.42%)
- Aso's Number of Shares Owned: 5,424,200 shares (42.63%)
AI要約
Summary and Purpose of the Tender Offer
ACVE Holdings LLC (100% funded by Aso) will conduct a tender offer targeting 1,071,262 shares (8.42%) of Wakachiku Construction Co., Ltd.'s common stock at 4,455 yen per share from February 13 to March 13, 2026. The purpose is to make Wakachiku Construction a consolidated subsidiary of the Aso Group. The listing on the Tokyo Stock Exchange Prime Market is expected to be maintained even after the tender offer is completed. The upper limit of shares to be purchased corresponds to 50.10% of the total issued shares, ensuring the ratio of tradable shares does not fall below the 35% listing maintenance standard.
Board of Directors' Opinion and Future Policy
The Board of Directors of Wakachiku Construction has expressed support for the tender offer and resolved to leave the decision for shareholders to participate up to each shareholder. A capital and business alliance agreement with the Aso Group has also been concluded, expecting business synergies and enhanced corporate value through strengthened cooperation. Even after the tender offer is completed, the management system and independence of Wakachiku Construction will be respected. The Aso Group plans to dispatch directors and observers but does not currently anticipate dismissing existing officers.
