TSE News

Change to the Likely Grace Period pertaining to Not Being a Substantial Surviving Company due to a Merger, etc. -Maruhachi Securities Co., Ltd.-

Update : Jan. 10, 2014


[Tokyo Stock Exchange, Inc.]

TSE will change "Likely Grace Period" stated in the TSE Urgent Notice "Examinations regarding mergers, etc. (not being a substantial surviving company)" concerning Maruhachi Securities Co., Ltd. (Code: 8700, Market Division: JASDAQ Standard) (hereafter "the Company") released on Nov. 22, 2013 (Fri.) as follows, due to the Company announcing on Jan. 7, 2014 (Tue.) that it postponed the management integration through a joint share transfer.
When the Company determines the scheduled effective date of the joint share transfer, TSE will announce a revised likely grace period again.

【Before Change】
2. Likely Grace Period
From Apr.1, 2014 (Tue.) to Mar. 31, 2018 (Sat.)

【After Change】
2. Likely Grace Period
To be determined

(Reference)The grace period will be from the effective date of the joint share transfer until the day on which three years have elapsed from the end of the business year of the joint holding company which closes for the first time since such effective date. (In the case where the day on which the three years have elapsed does not fall on the end of the business year of the joint holding company, it will be until the end of the business year which closes immediately before such day.)

DISCLAIMER: This translation may be used for reference purposes only. 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. This translation is subject to change without notice. Tokyo Stock Exchange, 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, misunderstanding, or changes with regard to this translation.


Tokyo Stock Exchange, Inc.
Listing Department
Planning & Coordination, Listed Company Services

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