Debt - Change of Terms::The adjustment of the Conversion Price of the Bonds

Issuer & Securities

Issuer/ Manager
KEIHAN HOLDINGS CO., LTD.
Securities
KEIHAN YEN20B CB210330 - XS1374488747 - 3V7B
Stapled Security
No

Announcement Details

Announcement Title
Debt - Change of Terms
Date &Time of Broadcast
19-Jun-2018 15:31:48
Status
New
Announcement Sub Title
The adjustment of the Conversion Price of the Bonds
Announcement Reference
SG180619OTHRJXPH
Submitted By (Co./ Ind. Name)
Hisashi Ariyoshi
Designation
Manager, Accounting & Finance, Corporate Management Office
Effective Date and Time of the event
19/06/2018 17:00:00
Description (Please provide a detailed description of the change in the box below)
Adjustment of Conversion Price pursuant to Condition 5.2.4 of the terms and conditions of the Bonds due to the distribution of an Extraordinary Dividend (as defined in such Condition 5.2.4) resulting from payments of an interim dividend of 3 yen per Share and a yearend dividend of 20 yen per Share (an annual dividend per Share of 35 yen in respect of the fiscal year ended 31 March 2018 after taking into account a consolidation of Shares (on the basis of a 5-to-1 ratio) effective on 1 October 2017). The payment of a yearend dividend was approved at the general meeting of our shareholders on 19 June 2018.

Additional Details

Asset Class
Convertible Bonds

Attachments

Keihan Holdings Notice D.pdf
Total size =202K