Notice Regarding Share Acquisition Corresponding to the Accumulation of Shares of Shinsei Bank, Limited (Securities Code: 8303)
January 31, 2022 at 12:59 pm IST
Share
January 31, 2022
SBI Holdings, Inc.
(TOKYO: 8473)
Notice Regarding Share Acquisition Corresponding to the Accumulation of Shares of
Shinsei Bank, Limited (Securities Code: 8303)
SBI Regional Bank Holdings Co., Ltd. (Head office: Minato-ku, Tokyo; Representative Director: Shumpei Morita; hereinafter "SBIRBHD"), a wholly owned subsidiary of SBI Holdings, Inc. (hereinafter "SBIHD"), has decided to acquire from SBIHD all shares held in Shinsei Bank, Limited (Securities code: 8303; hereinafter "Shinsei Bank") on February 1, 2022, as explained below.
Through the acquisition, SBIRBHD will obtain over 5% of Shinsei Bank's shares on a voting right basis. Accordingly, SBIHD has announced the following given that this acquisition is considered as an act of accumulation that the cabinet order specifies as an act equivalent to the tender offer prescribed in Paragraph 1, Article 167 of the Financial Instruments and Exchange Act and Article 31 of the Enforcement Order for the said Act.
1.
Stock under consideration
Shinsei Bank, Limited (Securities code: 8303)
2.
Number of shares to be acquired
Common shares 42,737,700 shares
3.
Ratio of shares to be acquired to
20.48%
the total number of voting rights
(The ratio of shares to be acquired to the total number of voting rights
is based on the number of voting rights (2,086,410 units) granted in
accordance with the number of shares (208,641,089 shares) calculated
by subtracting the number of treasury shares held by Shinsei Bank as
of September 30, 2021 (50,393,600 shares) from the total number of
outstanding shares as of the same date (259,034,689 shares).)
4.
Date of acquisition of shares
February 1, 2022 (plan)
5.
Notes
This share acquisition will be conducted to transfer all shares in Shinsei
Bank held by SBIHD to SBIRBHD as announced in the Tender Offer
Registration Statement for the tender offer for the common shares of
Shinsei Bank which SBIRBHD implemented in the period from
September 10, 2021 to December 10, 2021.
This information is disclosed in accordance with Subparagraph 4, Paragraph 1, Article 30 of the Enforcement Ordinance for the Financial Instruments and Exchange Act based on a request that SBIRBHD (share acquirer) made of SBIHD (parent company).
SBI Holdings, Inc. Corporate Communications Dept., Tel: +81 3 6229-0126
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SBI Holdings Inc. published this content on 31 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 January 2022 07:27:57 UTC.
SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.