TSE News

Decision on Delisting, etc. -KOHNAN SHOJI CO.,LTD., 130% Call Option Attached 5th Series Unsecured Convertible Bond-

Update : Oct. 12, 2011

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[Tokyo Stock Exchange, Inc.]

TSE has decided on delisting and designation as Securities to Be Delisted as follows.

1. Delisting and Designation as Securities to Be Delisted

(1) Issue Name KOHNAN SHOJI CO.,LTD., 130% Call Option Attached 5th Series Unsecured Convertible Bond (with conversion price downward revision clause and limited inter-CB pari passu clause)
(Code 900057516)
(2) Period of Designation as Securities to Be Delisted From Oct. 12, 2011 (Wed.) to Nov. 6, 2011 (Sun.)
(3) Delisting Date Nov. 7, 2011 (Mon.)
(Note) In cases where circumstances in which the company should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date.
(4) Provision Securities Listing Regulations, Rule 921, Paragraph 2, Item 2
(Due to falling under a case where the expiration date of the exercise period for a subscription warrant arrives)
(5) Reason KOHNAN SHOJI CO.,LTD had determined that there may be advanced redemption of said bonds with subscription warrants if the closing price of the stock of KOHNAN SHOJI CO.,LTD is equal to or more than 130% of the conversion price of said bonds with subscription warrants for twenty (20) consecutive business days.
Due to the above condition being satisfied on Aug. 24, 2011, today, the board of directors of KOHNAN SHOJI CO.,LTD resolved on the advanced redemption of said bonds with subscription warrants.

[Reference]
・Final date on which intermediation of requests to exercise subscription warrants is possible at the designated book-entry transfer institution Nov. 10, 2011 (Thu.)
・Expiration date of exercise period Nov. 10, 2011 (Thu.)
・Advanced redemption date Nov. 14, 2011 (Mon.)

DISCLAIMER: This translation may be used only for reference purposes. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. Tokyo Stock Exchange, Inc., Tokyo Stock Exchange Group, Inc., and/or Tokyo Stock Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, or misunderstanding with regard to this translation.

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