Activia Properties : Notice Concerning Status of Repurchase of Own Investment Units
March 22, 2024 at 03:44 am EDT
Share
February 1, 2024
FOR IMMEDIATE RELEASE
Activia Properties Inc.
21-1 Dogenzaka 1-chome,Shibuya-ku, Tokyo
Nobuhide Kashiwagi
Executive Director
(Code: 3279)
Asset Management Company
TLC REIT Management Inc.
Akira Kubo
President & CEO
Inquiries
Manabu Kamikawara
General Manager of Strategy Department
Activia Management Division
(Tel: +81-3-6455-3377)
Notice Concerning Status of Repurchase of Own Investment Units
Activia Properties Inc. ("API") announces the status of the repurchase of its own investment units conducted pursuant to the provisions of Article 80-2 of the Act on Investment Trusts and Investment Corporations (the "ITA") which are applied by replacing the terms and phrases of the provisions of Paragraph 2, Article 80-5 of the ITA.
Details are as follows:
Status of the repurchase of own investment units in January 2024
(1)
Total number of investment units
2,480 units
repurchased
(2)
Total amount of investment units
1,004,167,000 yen
repurchased
(3)
Repurchase method
Open-market repurchase on the Tokyo Stock Exchange
based on a discretionary transaction agreement pertaining
to the repurchase of own investment units concluded with a
securities company
(4)
Repurchase period
From January 18, 2024 to January 31, 2024 (on a trade date
basis)
【Reference information】
Details of the resolution made by the board of directors meeting on January 17, 2024
(1)
Total number of investment units
19,900 units (maximum)
to be repurchased
(2.46% of the total number of outstanding investment units
(excluding the number of own investment units))
(2)
Total amount of investment units
6,000,000,000 yen (maximum)
to be repurchased
1
(3)
Repurchase method
Open-market repurchase on the Tokyo Stock Exchange
based on a discretionary transaction agreement pertaining
to the repurchase of own investment units concluded with a
securities company
(4)
Repurchase period
From January 18, 2024 to May 17, 2024
*Website of API: https://www.activia-reit.co.jp/en/
2
Attachments
Original Link
Original Document
Permalink
Disclaimer
Activia Properties Inc. published this content on
22 March 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
22 March 2024 07:43:17 UTC.
Activia Properties Inc is a Japan-based real estate investment trust (REIT) company. The Fund mainly invests in urban-type commercial facilities and offices located in Tokyo. The Fund aims to achieve mid- to long-term stable earnings and sustainable capital appreciation. Its properties include Tokyu Plaza Omotesando Harajuku, Tokyu Plaza Akasaka, Q Plaza Ebisu, Kyoto Karasuma Parking Building, among others. The asset manager of the Fund is TLC REIT Management Inc.
ACTIVIA PROPERTIES INC. 
