TSE News

Designation of Security Under Supervision (Confirmation) -VANTEC CORPORATION-

Update : Dec. 15, 2011

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[Tokyo Stock Exchange, Inc.]

TSE has designated an issue as Securities Under Supervision (Confirmation) as follows.

1. Issue Name VANTEC CORPORATION stock
(Code: 9382, Market Division: 1st Section)
2. Period of Designation as Security Under Supervision (Confirmation) From Dec. 15, 2011 (Thu.) to the day when TSE determines whether the company has fallen under the delisting criteria
  Provision Enforcement Rules for Securities Listing Regulations, Rule 605, Paragraph 1, Item 21
(due to falling under making an announcement, etc. that the company will acquire all shares)
3. Reason VANTEC CORPORATION (hereafter "the Company") announced its decision today to become a wholly-owned subsidiary of Hitachi Transport System, Ltd. (Code: 9086, Market Division: 1st Section). In this announcement, the Company has disclosed that it is scheduled to put forth the following items in the agenda at the general shareholders meeting to be held in the future.
(1) Changing the Company to a company that issues classified shares as specified in the Companies Act;
(2) Attaching a clause for acquiring all common shares that are issued by the Company; and
(3) In return for acquiring all stocks of the Company, allotment of other stocks of the Company (as a result, cash payment is scheduled).
If the above agenda (1) to (3) are approved in a resolution at the general shareholders meeting of the Company, stocks of the Company will be delisted. As such, TSE deems that it is likely that the stocks of the Company will be delisted, and designates such stocks as Securities Under Supervision (Confirmation).

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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