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Feb. 14, 2020 TSEDecision on Delisting, etc.: EXCEL CO.,LTD.
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TSE has decided on delisting and designation as Securities to Be Delisted as follows.

1.Delisting and Designation as Securities to Be Delisted
(1)Issue Name EXCEL CO.,LTD. stock
(Code: 7591, Market Division: 1st Section)
(2)Period of Designation as Securities to Be Delisted From Feb.14, 2020 (Fri.) to Mar. 29, 2020 (Sun.)
(3)Delisting Date Mar. 30, 2020 (Mon.)
(Note) In cases where circumstances in which the company should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date.
(4)Provision Securities Listing Regulations, Rule 601, Paragraph 1, Item 15
(due to becoming a wholly-owned subsidiary)
(5)Reason At the general shareholders meeting of EXCEL CO.,LTD. (hereinafter 'the Company') held today, the agenda item regarding a stock swap (effective date: Apr. 1, 2020) which will make the Company a wholly-owned subsidiary of CITY INDEX ELEVENTH CO.,Ltd. (unlisted), and in which cash will be delivered to shareholders of the Company in exchange for stock of the Company was approved.
2.Exclusion from Securities in Lieu of Money

The stock of the Company will be excluded from securities in lieu of money for the following items from Feb. 17, 2020 (Mon.) inclusive.
- Customer margin for margin trading and when-issued transactions
- Trading margin for when-issued transactions
- Trading participant security money
- Participant bonds

Current Designations of Securities Under Supervision & Securities to Be Delisted
Designation History of Securities Under Supervision & Securities to Be Delisted

DISCLAIMER: This translation may be used for reference purposes only. 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. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.

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TEL:+81-3-3666-0141(Switchboard)


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Japan Exchange Group Inc. published this content on 14 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2020 07:18:03 UTC