TSE has decided on delisting and designation as Securities to Be Delisted as follows.
(1)Issue Name |
SHOWA CORPORATION stock (Code: 7274, Market Division: 1st Section) |
(2)Period of Designation as Securities to Be Delisted | From Oct. 23, 2020 (Fri.) to Nov. 10, 2020 (Tue.) |
(3)Delisting Date | Nov. 11, 2020 (Wed.) |
(4)Provision |
Securities Listing Regulations, Rule 601, Paragraph 1, Item (18)-2 (due to falling under acquisition by a demand for share, etc. cash-out) |
(5)Reason | Today, SHOWA CORPORATION (hereinafter 'the Company') approved a demand for cash-out (effective date: Nov. 13, 2020) by HONDA MOTOR CO.,LTD. (Code: 7267, Market Division: 1st Section), a special controlling shareholder of the Company. |
The stock of the Company will be excluded from securities in lieu of money for the following items from Oct. 26, 2020 (Mon.) inclusive.
- Customer margin for margin transactions and when-issued transactions
- Trading margin for when-issued transactions
- Trading participant security money
- Participant bonds
Designation History of Securities Under Supervision & Securities to Be Delisted
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Japan Exchange Group Inc. published this content on 23 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 October 2020 06:14:04 UTC