Update : Dec. 13, 2012
[Tokyo Stock Exchange, Inc.]
TSE has decided on delisting and designation as Securities to Be Delisted as follows.
|(1) Issue Name||
Hitachi,Ltd., 130% Call Option Attached Unsecured 8th Series Convertible Bond (with limited inter-CB pari passu clause)
|(2)Period of Designation as Securities to Be Delisted||From Dec. 13, 2012 (Thu.) to Jan. 6, 2013 (Sun.)|
Jan. 7, 2013 (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.
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)
According to the terms of said bonds, Hitachi, Ltd. has an option to redeem all
the remaining bonds when each of the closing prices of the shares of its common
stock at the Tokyo Stock Exchange on 20 continuous trading days are 130% or
more of the conversion price of said bonds.
Due to the above condition being satisfied, today, Hitachi, Ltd. decided the
advanced redemption of said bonds with subscription warrants.
・Final date on which intermediation of requests to exercise subscription warrants is possible at the designated
book-entry transfer institution Jan. 10, 2013 (Thu.)
・Expiration date of exercise period Jan. 10, 2013 (Thu.)
・Advanced redemption date Jan. 15, 2013 (Tue.)
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