General Announcement::Toray Completes Purchase of Shares in TenCate Advanced Composites Holding B.V.

Issuer & Securities

Issuer/ Manager
TORAY INDUSTRIES, INC.
Securities
TORAY YEN50B CB190830 - XS1069938741 - 10GB
TORAY YEN50B CB210831 - XS1069939392 - 10HB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Jul-2018 12:00:47
Status
New
Announcement Sub Title
Toray Completes Purchase of Shares in TenCate Advanced Composites Holding B.V.
Announcement Reference
SG180718OTHRQHSE
Submitted By (Co./ Ind. Name)
Yoshitaka Shimazu
Designation
Manager, Finance Dept.
Description (Please provide a detailed description of the event in the box below)
Toray Industries, Inc. (headquarters: Chuo-ku, Tokyo; President: Akihiro Nikkaku; hereinafter referred to as "Toray") had announced, in its press releases titled "Toray to Purchase TenCate Advanced Composites Holding B.V." issued on March 15, 2018 and "Toray Signs Share Purchase Agreement for Purchase of Shares in TenCate Advanced Composites Holding B.V." issued on July 9, 2018, that it had reached an agreement with Koninklijke Ten Cate B.V. (headquarters: Netherlands) to purchase the entire share of its subsidiary TenCate Advanced Composites Holding B.V. (headquarters: Netherlands, a Dutch carbon fiber composite material manufacturer). Toray today announced that it completed all the procedures related to the said share purchase on July 17, 2018.
Toray is currently in the process of verifying the impact of the share purchase on its consolidated business performance. The company plans to announce it swiftly if any matter requiring disclosure arises.

Attachments

TORAY Disclosure_July 18_2018.pdf
Total size =116K