TOKYO, Mar 24 (Pulse News Wire) – Nippon Sheet Glass Company,limited (5202.T) granted ordinary shares to three investors exercising their rights related to A-type preferred shares., Japan Industrial Solutions II, UDS Corporate Mezzanine III, and UDS Corporate Mezzanine IV exercised their rights to exchange their total holdings of A-type preferred shares for ordinary shares. Specifically: - Japan Industrial Solutions II exchanged 7,644 A-type preferred shares for 12,913,077 ordinary shares.
- UDS Corporate Mezzanine III exchanged 6,750 A-type preferred shares for 11,402,835 ordinary shares. - UDS Corporate Mezzanine IV exchanged 8,250 A-type preferred shares for 13,936,798 ordinary shares.
As a result, the number of outstanding ordinary shares increased by 38,252,710 shares, bringing the total to 142,319,262 ordinary shares post-exercise. Additionally, the company's A-type preferred shares decreased from 22,644 to 0, with plans to cancel these shares.
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