TOKYO, Mar 31 (Pulse News Wire) – Ftgroup CO.,LTD. (2763.T) announced today that its shares will be designated as supervised stock (under review) by the Tokyo Stock Exchange effective April 1, 2026, due to non-compliance with the listing maintenance standards, specifically the free float ratio requirement.
Additionally, FTGroup entered into a share exchange agreement with Kōtsūshō Denpa Co., Ltd., making Kōtsūshō Denpa the parent company and FTGroup the wholly-owned subsidiary through a share exchange. The agreement was signed today and is subject to approval at FTGroup's annual shareholders' meeting scheduled for June 23, 2026.
The share exchange is expected to take effect on August 1, 2026. In light of the pending share exchange, FTGroup anticipates that if the agreement receives shareholder approval, the delisting date would be July 30, 2026, instead of October 1, 2026, which was initially proposed by the Tokyo Stock Exchange due to continued non-compliance with listing standards.
Further details on the measures taken by the Tokyo Stock Exchange can be found on their website.
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