Toray Industries Inc Toray to Apply for Delisting from 5 Exchanges (7208R)

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RNS Number : 7208R

Toray Industries Inc

30 October 2013

October 30, 2013

Toray Industries, Inc.

Toray to Apply for Delisting from the London Stock Exchange,

the Luxembourg Stock Exchange and Three Japanese Stock Exchanges

Toray Industries, Inc. (headquarters: Chuo-ku, Tokyo; President: Akihiro Nikkaku; hereinafter referred to as "Toray") today announced that it resolved to apply for the delisting of its Shares of Common Stock (ISIN: JP3621000003) and Bearer Depositary Receipts (ISIN: GB0008968231) from five stock exchanges in Europe and Japan. The details are as follows:

1. Stock Exchanges from which Toray Will Delist

London Stock Exchange

Luxembourg Stock Exchange

Nagoya Stock Exchange

Fukuoka Stock Exchange

Sapporo Securities Exchange

2. Reasons for the Delisting

Toray has decided to apply for the delisting due to the low trading volume of its shares and depositary receipts on the five stock exchanges. Toray does not anticipate that such delisting will adversely affect its shareholders or other investors, since its shares will remain listed and tradable on the Tokyo Stock Exchange (Code Number: 3402).

3. Delisting Schedule

Toray will file delisting applications with the five stock exchanges shortly. The delisting is currently expected to be completed by the end of December 2013.

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This information is provided by RNS

The company news service from the London Stock Exchange

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