FOR IMMEDIATE RELEASE
Listed Company Name: Kyowa Hakko Kirin Co., Ltd. Representative: Nobuo Hanai, President and CEO (Code no.: 4151, First Section of TSE)
Inquiries: Shigeru Morotomi, Executive Officer Corporate Communications Department Media Contact: +81-3-3282-1903
Investor Contact: +81-3-3282-0009
At a meeting held on October 28, 2015, the Board of Directors of Kyowa Hakko Kirin Co., Ltd. ('Kyowa Hakko Kirin') adopted a resolution to change the number of shares to constitute one unit share and to partially amend the Articles of Incorporation, in accordance with Article 195
(1) of the Companies Act. Details are as follows:
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Change of the Number of Shares to Constitute One Unit Share
Purpose of the Change
In keeping with the Action Plan for Consolidating Trading Units by securities exchanges throughout Japan, the Board decided to reduce the number of shares to constitute one unit share to further increase the liquidity of Kyowa Hakko Kirin shares and expand investment opportunities.
Details of the Change
The number of shares to constitute one unit share will be changed from 1,000 shares to 100 shares.
Date of Change Friday, January 1, 2016
- Partial Amendment to the Articles of Incorporation
Purpose of the Amendment
The Articles of Incorporation will be amended in conjunction with the change of unit shares described above.
Details of the Amendment
The details of the amendment are as follows:
(Amended text is shown underlined)
Current Text
Amended Text
Article 8.
The number of shares to constitute a unit share of the Company (Tangen-kabu) shall be 1,000.
Article 8.
The number of shares to constitute a unit share of the Company (Tangen-kabu) shall be 100.
Supplementary Provision
The amendment to Article 8 shall become effective as of January 1, 2016, and this supplementary provision shall be deleted on the same date.
Effective Date Friday, January 1, 2016
Reference Information
Trading units of Kyowa Hakko Kirin shares on the Tokyo Stock Exchanges will change from 1,000 shares to 100 shares effective Friday, January 1, 2016.
***ENDS***
For further information please access: http://www.kyowa-kirin.com/news_releases/index.html
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