RS Technologies Co., Ltd. (TSE:3445) announced a private placement of 1,000 units of series 2 warrants at ¥2,800 per unit and 1,720 units of series 3 warrants at ¥2,100 per unit for gross proceeds of ¥6,412,000 on June 19, 2015. The number of shares per unit of warrant shall be 100 common shares. The exercise period of series 2 warrants will be from July 21, 2015 to July 20, 2025.

The exercise period of series 3 warrants will be from April 1, 2017 to July 20, 2020. The allocation date for the transaction is July 21, 2015. The company will issue series 2 warrants to a director of the company, 700 units of series 3 warrants to six directors of the company, 1,000 units of series 3 warrants to 60 employees, and 20 units of series 3 warrants to five employees.

The transaction has been approved by the board of directors of the company.