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Adjustment of Conversion Price

10 May 2016 07:27

RNS Number : 7430X
Konami Holdings Corporation
10 May 2016
 

May 10, 2016

FOR IMMEDIATE RELEASE

Company Name:

KONAMI HOLDINGS CORPORATION

Representative:

Takuya Kozuki, Representative Director, President

Shares listed:

Tokyo Stock Exchange and London Stock Exchange

Contact:

Junichi Motobayashi, General Manager, Finance and Accounting Department

(Phone: +81-3-5771-0222)

 

News Release: Notice Regarding Adjustment of Conversion Price for

 Y10,000,000,000 Zero Coupon Convertible Bonds Due 2022

KONAMI HOLDINGS CORPORATION (the "Company") hereby announces the adjustment of the conversion price for its Y10,000,000,000 Zero Coupon Convertible Bonds due 2022 (the "Bonds").

 

1. Adjustment of Conversion Price

 

Name of issue

Conversion price

prior to the adjustment

Conversion price

after the adjustment

Y10,000,000,000 Zero Coupon Convertible Bonds due 2022

Y4,553

Y4,549.7

 

2. Record Date

As of April 1, 2016 (Japan time)

 

3. Effective Date for the New Conversion Price

Retroactively from the day after the Record Date set out above (Japan time)

 

4. Reason for the Adjustment

Adjustment of Conversion Price pursuant to Condition 5.2.4 of the terms and conditions of the Bonds due to the Extraordinary Dividend (as defined in such Condition 5.2.4) resulting from payment of an annual dividend of Y23 per Share. The Payment of such dividend was approved at a meeting of the board of directors on May 10, 2016.

 

 

End of File

This information is provided by RNS
The company news service from the London Stock Exchange
 
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