21LADY Co., Ltd. (NSE:3346) announced a private placement of 97,000 common shares at a price of 103 per share for gross proceeds of ¥9,991,000 on March 15, 2017. The transaction will include participation from the company's president Michiko Fujii. The shares will be issued through a 3rd party allotment method. The company will incur issue costs of ¥140,000. The company intends to complete the transaction on March 30, 2017.