Menicon : Notice regarding Adjustment of Conversion Price for 23,000,000,000 Zero Coupon Convertible Bonds due 2025
May 13, 2021 at 01:52 pm IST
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May 13, 2021
Menicon Co., Ltd.
President and CEO: Hidenari Tanaka
Securities Code: 7780
TSE, 1st section, NSE, 1st section
Contact:
Motonari Watanabe
Senior Executive Officer,
Corporate Management, CFO
Phone:+81-52-935-1646
Notice regarding Adjustment of Conversion Price
for ¥23,000,000,000 Zero Coupon Convertible Bonds due 2025
Menicon Co., Ltd. (Menicon) hereby announces the adjustment of the conversion price for its
¥23,000,000,000 Zero Coupon Convertible Bonds due 2025 (bonds with stock acquisition rights, tenkanshasaigata shinkabu yoyakuken-tsuki shasai) (the "Bonds"). For details, please refer to the followings.
１．Adjustment of conversion price
Conversion price
Conversion price after
Name of issue
prior to the adjustment
the adjustment
¥23,000,000,000 Zero Coupon
7,403.0 yen
7,395.1 yen
Convertible Bonds due 2025
２．Effective date
On and after April 1, 2021
３．Reason for the adjustment
The conversion price is being adjusted pursuant to the conversion price adjustment clauses related to the Bonds resulting from payment of an annual dividend of 35 yen per share as dividends of surplus for fiscal year ended March 31, 2021. The payment of such dividend was approved at a meeting of the board of directors of the company on May 13, 2021.
End.
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Menicon Co. Ltd. published this content on 13 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2021 08:21:02 UTC.
Menicon Co., Ltd. is a Japan-based company mainly engaged in operation of contact lens related business and other business. The Company has two business segments. With its subsidiaries, the Contact Lens segment is engaged in manufacture and sales of contact lens, care supplies and other goods. The Others segment is engaged in development and sales of veterinary medical products, decomposition accelerator of rice straw, composting accelerator of livestock excrement, assisted reproductive medicine and products of advanced medical fields, as well as management of contact lens retailer staff training school and provision of temporary staffing service, among others.
MENICON CO., LTD. 
