Sep. 28, 2022TSE Designation of Securities Under Supervision (Confirmation): Takara Leben Infrastructure Fund,Inc.
September 28, 2022 at 03:56 am EDT
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Sep. 28, 2022 TSEDesignation of Securities Under Supervision (Confirmation): Takara Leben Infrastructure Fund,Inc.
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TSE has designated an issue as Securities Under Supervision (Confirmation) as follows.
1.Issue Name
Takara Leben Infrastructure Fund, Inc. investment security
(Code: 9281, Product: Infrastructure Fund)
2.Period of Designation as Securities Under Supervision (Confirmation)
From Sep. 28, 2022 (Wed.) to the day when TSE determines whether the investment security has fallen under the delisting criteria
Provision
Enforcement Rules for Securities Listing Regulations, Rule 1539, Paragraph 1, Item (13)
(due to TSE deeming that the investment security may fall under cases where the Exchange deems delisting as appropriate)
3.Reason
Today, Takara Leben Infrastructure Fund, Inc. (hereinafter "the investment corporation") indicated approval of a takeover bid to be made by Godo Kaisha Green Energy (unlisted) (hereinafter "the bidder") with the intention of subsequently delisting the investment security of the investment corporation.
In addition, the investment corporation has announced that the bidder plans to demand that the investment corporation put forth, at a general investors meeting after the completion of the takeover bid, an agenda item regarding a reverse investment unit split with a split ratio at which the number of investment units held by investors of the investment corporation other than the bidder and another shareholder will be less than one investment unit.
If said agenda item is approved at the general investors meeting of the investment corporation, it will be deemed appropriate for the investment security of the investment corporation to be delisted. As such, based on this announcement, TSE deems that the investment security of the investment corporation is likely to be delisted and designates said investment security as Securities Under Supervision (Confirmation).
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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Tokyo Stock Exchange, Inc. Listing Department, Corporate Disclosure Office, Planning & Coordination, Listed Company Services
TEL:+81-3-3666-0141(Switchboard)
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Japan Exchange Group Inc. published this content on 28 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 September 2022 07:55:03 UTC.
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