SBI : Notice Regarding Share Acquisition Corresponding to the Accumulation of Shares of CHANGE Inc. (Securities Code 3962)
March 04, 2022 at 02:36 am EST
Share
March 4, 2022
SBI Holdings, Inc.
(TOKYO: 8473)
Notice Regarding Share Acquisition Corresponding to the Accumulation of Shares of
CHANGE Inc. (Securities Code: 3962)
SBI Holdings, Inc. (hereinafter the "Company"), has decided to acquire the common shares of CHANGE Inc. (Securities Code: 3962) as explained below.
This acquisition will obtain over 5% of CHANGE Inc. shares on a voting right basis. Accordingly, the Company announces the following given that this acquisition is considered as an act of accumulation that the cabinet order specifies as an act equivalent to the tender offer prescribed in Paragraph 1, Article 167 of the Financial Instruments and Exchange Act and Article 31 of the Enforcement Order for the said Act.
1.
Stock under consideration
CHANGE Inc. (Securities Code: 3962)
2.
Number of shares to be acquired
Common shares 14,300,000 shares
3.
Ratio of shares to be acquired to
19.78%
the total number of voting rights
(The ratio of the number of voting rights of all shareholders
(722,800) is calculated based on the sum of the total number of
voting rights (722,384) of all shareholders as of December 31,
2021, and the number of voting rights (416) relating to the shares
issued by the exercise of stock acquisition rights during the period
from January 1, 2022 to March 4, 2022. As of March 4, 2022, there
were 72,959,562 shares issued and outstanding.)
4.
Date of acquisition of shares
March 31, 2022 (Plan)
5.
Notes
This share acquisition will be conducted by the Company based
on the capital and business alliance agreement concluded today.
For more information, please refer to the announcement made by
the Company today, "Notice Regarding Capital and Business
SBI Holdings, Inc. Corporate Communications Dept., Tel: +81 3 6229-0126
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SBI Holdings Inc. published this content on 04 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2022 07:35:07 UTC.
SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.
SBI HOLDINGS, INC. 
