Examples of Target Company Shares in a sentence
After delisting, the Target Company Shares will no longer be traded on the Tokyo Stock Exchange.
In such a case, the Target Company Shares will be delisted through the prescribed procedures in accordance with the delisting criteria of the Tokyo Stock Exchange.
The Target Company Shares are currently listed on the First Section of the Tokyo Stock Exchange as of today.
Also, even in the event that the delisting criteria are not met upon completion of the Tender Offer, if the Offeror implements the procedures stated in the section titled “(4) Policy for organizational restructuring after the Tender Offer (matters relating to the ‘Two-Step Acquisition’)” after the successful completion of the Tender Offer, in which case the Target Company Shares will be delisted through the prescribed procedures in accordance with the stock delisting criteria of the Tokyo Stock Exchange.
However, since the Tender Offeror has not set a maximum limit on the number of shares to be purchased in the Tender Offer, the Target Company Shares may be delisted through prescribed procedures in accordance with the delisting criteria of the Tokyo Stock Exchange, depending on the results of the Tender Offer.
However, since the Offeror has not set a maximum limit on the number of shares to be purchased in the Tender Offer, the Target Company Shares may be delisted through prescribed procedures in accordance with the stock delisting criteria set out by the Tokyo Stock Exchange, depending on the results of the Tender Offer.
Termination of the Share Lending Transaction” above, the Offeror, efu Investment and Minamigata Holdings will have owned the Target Company Shares.
Purpose of Purchase” above, with respect to the Convertible Bonds it is stipulated to the effect that, in the event that a tender offer is made to the Target Company Shares with the aim of delisting, the conversion price will be adjusted due to the settlement of the tender offer.
Specifically, in mid-April 2022, the Target Company received an initial offer from the Tender Offeror regarding making the Target Company a consolidated subsidiary of the Tender Offeror, including the possibility of delisting the Target Company Shares.
In addition, the Convertible Bonds have the Early Redemption Provisions, and the Convertible Bonds that are not acquired by the Tender Offer and are not converted into the Target Company Shares are scheduled to be redeemed after the Tender Offer at a par value or more in accordance with the Early Redemption Provisions.