Konami Holdings Corporation Adjustment of Conversion Price for Zero Coupon CB (6035N)

TIDMKNM

RNS Number : 6035N

Konami Holdings Corporation

21 May 2020

 
                                                May 21, 2020 
 
 FOR IMMEDIATE RELEASE 
                    KONAMI HOLDINGS CORPORATION 
                    Kimihiko Higashio, Representative 
                     Director, President 
   Shares listed:   Tokyo and London Stock Exchanges 
 
         Contact:   Junichi Motobayashi, Corporate Officer, 
                     General Manager, Finance and Accounting 
             Tel:   [phone] 
 
 
News Release: Notice Regarding Adjustment of Conversion Price 
                             for 
  10,000,000,000 yen Zero Coupon Convertible Bonds Due 2022 
 
 

KONAMI HOLDINGS CORPORATION (the "Company") hereby announces the adjustment of the conversion price for its 10,000,000,000 yen Zero Coupon Convertible Bonds due 2022 (the "Bonds").

   1.    Adjustment of Conversion Price 
 
     Name of issue            Conversion price        Conversion price 
                           prior to the adjustment   after the adjustment 
   10,000,000,000 yen           4,375.1 yen              4,349.5 yen 
 Zero Coupon Convertible 
     Bonds due 2022 
                          ------------------------  --------------------- 
 
   2.    Record Date 

As of March 31, 2020 (Japan time)

   3.    Effective Date for the New Conversion Price 

Retroactively from the day after the Record Date set out above (Japan time)

   4.    Reason for the Adjustment 

Adjustment of Conversion Price pursuant to Condition 5.2.4 of the terms and conditions of the Bonds due to the Extraordinary Dividend (as defined in such Condition 5.2.4) resulting from payment of an annual dividend of 45 yen per Share. The Payment of such dividend was approved at the meeting of the board of directors on May 21, 2020.

End of File

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

MSCEAXSFALXEEEA

(END) Dow Jones Newswires

May 21, 2020 03:49 ET (07:49 GMT)