Sintokogio., Ltd. (TSE:6339) announced a private placement of 271,987 treasury shares at ¥986 per share for gross proceeds of ¥268,179,182 with new investor, Mössner Vermögens- und Beteiligungsgesellschaft mbH on May 21, 2015. The net proceeds from the transaction were ¥267,679,182, after deducting various issue costs of ¥500,000. The transaction is expected to be completed by June 8, 2015.

The transaction will take place through third party allotment.