JAFCO : Announcement Regarding Adjustment of Conversion Price of Zero Coupon Convertible Bonds Due 2028
May 10, 2024 at 07:27 am
Share
Translation of the Japanese press release
JAFCO Group Co., Ltd. (Ticker: 8595)
Contact: Investor Relations
1-23-1 Toranomon, Minato-ku,
Tel: +81-50-3734-2025
Tokyo 105-6324 Japan
ir@jafco.co.jp
https://www.jafco.co.jp/english/
May 10, 2024
Announcement Regarding Adjustment of Conversion Price of
Zero Coupon Convertible Bonds Due 2028
JAFCO Group Co., Ltd. (the "Company") hereby announces the adjustment of the conversion price for the Zero Coupon Convertible Bonds due 2028 issued by the Company.
1.
Adjustment of conversion price
Name
Conversion price
Conversion price
prior to the adjustment
after the adjustment
Zero Coupon Convertible Bonds
¥2,132
¥2,047.8
due 2028
2.
Effective date
As of April 1, 2024 (Japan time)
3. Reason for the adjustment
Following the approval of the proposal for a year-end dividend of ¥69 per common share at the Board of Directors meeting held on May 10, 2024, the conversion price is being adjusted pursuant to the conversion price adjustment clauses in the terms and conditions of the Zero Coupon Convertible Bonds due 2028.
Attachments
Original Link
Original Document
Permalink
Disclaimer
JAFCO Co. Ltd. published this content on
10 May 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
10 May 2024 06:26:06 UTC.
JAFCO Group Co Ltd, formerly JAFCO Co Ltd, is a Japan-based company engaged in venture investment and buyout investment business through fund management. The Company operates Fund Management business segment. The Funds are recruited from institutional investors and operating companies about once every three years. The Company also invests its own funds in all funds and commits itself to improving fund performance. The main sources of revenue are capital gains through fund investments, fund management fees, and performance fees. The Company operates business in Japan, the United States, Asia and other countries.