TSE News

Addition of Reason for Designation of Securities Under Supervision (Confirmation)- UP INC. -

Update : May 30, 2012

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[Tokyo Stock Exchange, Inc.]

TSE has added a reason for designating an issue as Securities Under Supervision (Confirmation) as follows.

1. Issue UP INC. stock
(Code: 9630 Market: 2nd Section)
2. Addition Date May 30, 2012(Wed.)
Provision Enforcement Rules for Securities Listing Regulations, Rule 605, Paragraph 1, Item 4
(Due to falling under the case where the ratio of the number of tradable shares to the number of listed shares, etc. has become less than 5% according to the "Share, etc. Distribution Report", etc. and the Company does not submit a "Planned Schedule of Public Offering and/or Secondary Offering" or "Planned Schedule of Distribution with a Quantitative Limit" predetermined by TSE.)
3. Additional Reason for Designation of Securities Under Supervision (Confirmation) TSE confirmed today that, according to the "Share, etc. Distribution Report", etc. as of Mar. 31, 2012 submitted by the Company, the ratio of the number of its tradable shares to the number of listed shares, etc. has become less than 5%. The Company has not yet submitted a "Planned Schedule of Public Offering and/or Secondary Offering" or "Planned Schedule of Distribution with a Quantitative Limit" predetermined by TSE.
Therefore, in cases where the Company does not submit a "Planned Schedule of Public Offering and/or Secondary Offering" or "Planned Schedule of Distribution with a Quantitative Limit" on the date for submitting the securities report or Jun. 30, 2012, whichever earlier, it shall fall under Rule 601, Paragraph 1, Item 2, Sub-item c of the Securities Listing Regulations, and its shares shall be delisted. As such, TSE alerts investors to the likelihood of the Company's shares being delisted and adds a reason for designation of Securities Under Supervision (Confirmation).
  • (*)The Company's stock is designated as Securities Under Supervision (Confirmation) due to the announcement, etc. that it would acquire all shares on Jan. 31, 2012.

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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