Ryomo Systems Co.,Ltd.
Notice of approval regarding stock consolidation, abolition of the unit share system, and partial amendment to the Articles of Incorporation
Approval of stock consolidation and implementation of amendments to the Articles of Incorporation regarding fractional share handling. The company is expected to delist after designation as a restructuring issue on October 9, 2026, and fractional shares will be cash-settled to shareholders with sale to Chubu Electric Power Company. The sale price is planned at 5,200 yen per share, with payment to shareholders targeted in early January 2027.
Key Figures
- Sale price for fractional shares 5,200 yen
- Total issued shares (before effectiveness) 3,498,444 shares → after effectiveness 5 shares
- Delisting date October 9, 2026
AI要約
Overview
At this Extraordinary General Meeting, the approval of stock consolidation and partial amendments to the Articles of Incorporation were passed as proposed, and the effective date of the consolidation is expected to be aligned with the applicable competitive date. The consolidation will significantly reduce the total number of issued shares, and as part of fractional share handling, the shortfall will be monetized to Chubu Electric Power Company and paid to shareholders. Delisting is scheduled for October 9.
Impact on shareholders and future procedures
Cash payments to shareholders corresponding to fractional share handling are planned. Sale of fractional shares requires court approval, and after such approval is obtained, sale is expected to be completed around late November 2026, with payment to shareholders targeted for early January 2027. After the consolidation, there will be no unit share standard, and future share handling will change.
Shoukou Ryomo Systems Co., Ltd.
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