Chubu Electric Power Company, Incorporated
Notice of the Result of the Tender Offer for Ryomo Systems Co., Ltd. (Securities Code: 9691)
The tender offer has been successful. Tender offer price is 5,200 yen per share. Intended tendered shares: 1,703,447 shares, lower threshold: 537,260 shares. Mitsuba plans to tender 1,003,800 shares and Chubu Electric Power 595,886 shares. Tender offer period is 2026/5/15 to 7/8. The result exceeded the lower threshold with 1,599,686 shares submitted, and all shares will be tendered. Further details on delisting procedures for the target will be announced separately.
Key Figures
- Tender price: 5,200 yen
- Planned tendered shares: 1,703,447 shares
- Total number of submitted shares: 1,599,686 shares
AI要約
Overview
This tender offer is conducted with Mitsuba and Chubu Electric Power as bidders, targeting the common shares of Ryomo Systems Co., Ltd. at a price of 5,200 yen per share, with planned tendered shares of 1,703,447 and total submitted shares of 1,599,686, far exceeding the lower bound of 537,260 shares, resulting in all shares being acquired.
Future procedures and impact
Post-tender, policy will be to restrict ownership of the target's shares to the tender offerors, and in accordance with delisting criteria, to suspend trading and delist the target on the Tokyo Stock Exchange Standard Market. Specific procedure details will be announced promptly after discussions with the target.
Matsuba Co., Ltd.
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