[Translation] | |
Company Name | |
Sapporo Holdings Limited | |
Representative | Masaki Oga |
President and Representative Director | |
Securities code | 2501 |
Listed on | Tokyo Stock Exchange |
Sapporo Securities Exchange | |
Inquiries | Tatsuya Komatsu |
Director of the Corporate Planning Department | |
Tel: 81-3-5423-7407 |
March 30, 2021
Notice of Adjustment to Conversion Price for
¥20,000,000,000 Zero Coupon Convertible Bonds due 2021
SAPPORO HOLDINGS LIMITED (the "Company") hereby announces an adjustment to the conversion price (the "Conversion Price") with respect to its ¥20,000,000,000 Zero Coupon Convertible Bonds due 2021 (the "Bonds") as follows:
1. Adjustment to Conversion Price
Conversion Price prior to adjustment:
¥3,958.7
Conversion Price after adjustment:
¥3,954.5
2. Effective date for the new Conversion Price 1 January 2021 (Japan time)
3. Reason for adjustment
This adjustment to Conversion Price pursuant to Condition 5.2.4 of the terms and conditions of the Bonds was made due to an Extraordinary Dividend (as defined in Condition 5.2.4) resulting from distribution of a year-end dividend for the fiscal year ended 31 December 2020 in the amount of ¥42.00 per Share, which was approved at the ordinary general meeting of shareholders held on 30
March 2021.
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Sapporo Holdings Limited published this content on 30 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2021 07:02:03 UTC.