Debt - Change of Terms::Notice Regarding Adjustment of Conversion Price for Zero Coupon Convertible Bonds due 2019 and 2021

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
Debt - Change of Terms
Date &Time of Broadcast
25-Jun-2019 14:39:59
Status
New
Announcement Sub Title
Notice Regarding Adjustment of Conversion Price for Zero Coupon Convertible Bonds due 2019 and 2021
Announcement Reference
SG190625OTHRWARX
Submitted By (Co./ Ind. Name)
Masahiro Yamamoto
Designation
Manager, Finance Dept.
Effective Date and Time of the event
25/06/2019 14:40:00
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 payment of a dividend of JPY 16 per Share (aggregate in respect of the fiscal year ended 31 March 2019). The payment of such dividend was approved at the general meeting of our shareholders on 25 June 2019.

Please refere to the attachment for more details.

Additional Details

Asset Class
Convertible Bonds

Attachments

TORAY_CB Conversion Price Adjustment2019.pdf
Total size =109K