NIPPON CHEMI-CON CORPORATION [6997.T]
TOKYO, Jun 01 (Pulse News Wire) – NIPPON CHEMI-CON CORPORATION (6997.T) exercised conversion rights for its B shares held by Japan Industrial Solutions Third Investment Limited Partnership, converting 459 B shares into ordinary shares on June 01, 2026. As a result, the company will deliver the corresponding number of ordinary shares, which is 503,828.
Prior to the exercise of the conversion rights, the company had 27,488,713 ordinary shares outstanding. Following the conversion, the total number of ordinary shares increased to 27,992,541, with an increase of 503,828. Additionally, A shares decreased from 10,000 to 10,000, while B shares were reduced by 459. Notes: 1.
A shares do not carry voting rights. 2. The converted B shares will be canceled. 3.
Details regarding the issuance of A and B shares can be found in previous announcements dated October 10, 2023, and December 27, 2023.
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