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Pin to quick picksKonami Grp Corp Regulatory News (KNM)

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View and Policy of Stock Trading Unit

28 Jun 2018 07:23

RNS Number : 8683S
Konami Holdings Corporation
28 June 2018
 

June 28, 2018

FOR IMMEDIATE RELEASE

KONAMI HOLDINGS CORPORATION

Takuya Kozuki, Representative Director, President

Shares listed:

Tokyo and London Stock Exchanges

Contact:

Shinichiro Yoneyama, Corporate Officer, General Manager, General Affairs Department

Tel:

+81-3-5771-0222

 

Notice on View and Policy Concerning Reduction of Stock Trading Unit

 

1. View on Reduction of Stock Trading Unit

KONAMI HOLDINGS CORPORATION (the "Company") recognizes that the reduction of stock trading unit is one of the effective measures to increase the liquidity of the stock market and to promote the participation of a broad investor base. The Company has already adopted the 100-share trading unit since 1992.

 

2. Policy on Reduction of Stock Trading Unit

The Company recognizes that the recent increase in price per stock trading unit is a result of enhanced corporate value and the liquidity of our shares is being sufficiently maintained. Accordingly, the Company has no plan to reduce the trading unit at present.

The Company will comprehensively consider further actions as necessary, taking into account relevant factors such as share price, number of shareholders, liquidity of the Company's shares and associated costs and benefits, etc.

 

End

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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