Suzuki : Notice Regarding Adjustment of Conversion Price for Zero Coupon Convertible Bonds due 2021 and 2023
June 27, 2019 at 11:10 am IST
Share
(This document is an English translation of the original Japanese document. If there are any discrepancies between this document and the original Japanese document, the original Japanese document prevails.)
27 June, 2019
To whom it may concern:
Company name:
SUZUKI MOTOR CORPORATION
Representative:
Toshihiro Suzuki, President
(Code No.: 7269, First Section of Tokyo Stock Exchange)
Contact person:
Seiji Kobayashi, General Manager
Corporate Management/IR/Cost Management Dept.
Corporate Planning Office
Tel:
(053) 440-2030
Notice Regarding Adjustment of Conversion Price for
Zero Coupon Convertible Bonds due 2021 and 2023
SUZUKI MOTOR CORPORATION hereby announces the adjustment of conversion price for the Zero Coupon Convertible Bonds due 2021 and 2023 (the "Bonds").
1. Adjustment of Conversion Price
Name of issue
Conversion price
Conversion price
prior to the adjustment
after the adjustment
Zero Coupon Convertible Bonds
¥4,093.1
¥4,068.2
due 2021
Zero Coupon Convertible Bonds
¥4,093.1
¥4,068.2
due 2023
Effective date
As of 1 April, 2019
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 a dividend of ¥74 per Share. The payment of such dividend was approved at the 153rd Ordinary General Meeting of Shareholders on 27 June, 2019.
End
Attachments
Original document
Permalink
Disclaimer
Suzuki Co. Ltd. published this content on 27 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 June 2019 05:39:20 UTC
SUZUKI CO., LTD. is a Japan-based company primarily engaged in the production and sale of dies, parts and automatic equipment. The Company has three business segments. The Dies segment is engaged in the manufacture and sale of precision press dies and mold dies. The Parts segment is engaged in the manufacture and sale of connector contacts, connector housing products and automobile electric components. The Mechanical Equipment segment is engaged in the manufacture and sale of surface mount technology (SMT) equipment, semiconductor-related equipment and specialized machines, as well as the medical equipment. The Company also conducts leasing business and the sale of power business.