Adjustment of Conversion Price for CB due 2022

RNS Number : 4903F

Konami Holdings Corporation

18 May 2017

 

May 18, 2017
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: [phone])

News Release: Notice Regarding Adjustment of Conversion Price for

10,000,000,000 Yen Zero Coupon Convertible Bonds Due 2022

KONAMI HOLDINGS CORPORATION (the "Company") hereby announces the adjustment of the conversion price for its 10,000,000,000 yen 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
10,000,000,000 yen Zero Coupon Convertible Bonds due 2022	4,549.7 yen	4,513.9 yen

2.   Record Date

As of March 31, 2017 (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 58 yen per Share. The Payment of such dividend was approved at a meeting of the board of directors on May 18, 2017.

End of File

 

END

 

 

MSCGUGDUCGBBGRI