Certain Common Shares of The Ogaki Kyoritsu Bank, Ltd. are subject to a Lock-Up Agreement Ending on 4-SEP-2017.
September 03, 2017
Share
Certain Common Shares of The Ogaki Kyoritsu Bank, Ltd. are subject to a Lock-Up Agreement Ending on 4-SEP-2017. These Common Shares will be under lockup for 180 days starting from 8-MAR-2017 to 4-SEP-2017.
Details:
In connection with the general subscription, the Company agreed with Mizuho Securities Co., Ltd. that no sale of common shares would be done without a prior written consent from Mizuho Securities Co., Ltd., during the period which starts on the pricing date and ends 180 days after the delivery date (hereinafter referred to as the "lockup period").
The Ogaki Kyoritsu Bank, Ltd. is a Japan-based bank centered on banking business and engaged in financial services including leasing and credit card business. The Bank operates in two segments. The Banking segment is engaged in banking business like deposit, loan, domestic and international currency exchange, government bonds, investment trust, insurance sales and stock investment business. The Leasing segment is engaged in leasing and installment loan business. Other businesses include computer-related, think tanks, credit guarantee, credit cards and venture capital businesses, as well as the integrated processing of banking business, scrutiny and organize business of cash, document creation and storage business, and Real Estate collateral research and evaluation work.