We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Name | Symbol | Market | Type |
|---|---|---|---|
| Paragon M. C47 | LSE:35SV | London | Bond |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0 | - |
Hot Features
Premium
TIDM35SV
RNS Number : 5357H
Pioneer Corporation
23 February 2010
For Immediate Release
February 23, 2010
Pioneer Announces Determination of Offer Price
Relating to Issuance of New
Shares
Pioneer Corporation (hereinafter "Pioneer") hereby announces that it has
determined today the offer price and other matters relating to the issuance of
new shares in the international offering, which was resolved at the meeting of
the board of directors of Pioneer held on February 9, 2010. Details are
provided below.
+----------------------------------+----------+------------------------------------------+
| (1) | | 92,000,000 shares |
| Number | | of common stock of |
| of | | Pioneer, which is |
| Shares | | the sum of (i) and |
| to Be | | (ii) below. |
| Offered | | (i) 80,000,000 new |
| | | shares to be |
| | | purchased and |
| | | underwritten by |
| | | the underwriter. |
| | | (ii) A maximum of |
| | | 12,000,000 new |
| | | shares that will |
| | | be the subject of |
| | | the increase |
| | | option of the |
| | | additionally and |
| | | newly issued |
| | | shares to be |
| | | granted to the |
| | | underwriter. |
+----------------------------------+----------+------------------------------------------+
| (2) | | 332 yen per share |
| Offer | | |
| Price | | |
| (Note | | |
| 1) | | |
+----------------------------------+----------+------------------------------------------+
| (3) | | 30,544,000,000 yen |
| Aggregate | | |
| Amount of | | |
| Offer | | |
| Price | | |
| (Note 2) | | |
+----------------------------------+----------+------------------------------------------+
| (4) | | 318.16 yen per |
| Amount | | share |
| to Be | | |
| Paid | | |
| (Issue | | |
| Price) | | |
| (Note | | |
| 1) | | |
+----------------------------------+----------+------------------------------------------+
| (5) | | 29,270,720,000 yen |
| Aggregate | | |
| Amount to | | |
| Be Paid | | |
| (Note 2) | | |
+----------------------------------+----------+------------------------------------------+
| (6) | | The amount by |
| Amount | | which the stated |
| by | | capital is to be |
| Which | | increased: |
| Stated | | 14,635,360,000 yen |
| Capital | | The amount by |
| and | | which the |
| Additional | | additional paid-in |
| Paid-in | | capital is to be |
| Capital Is | | increased: |
| to Be | | 14,635,360,000 yen |
| Increased | | |
| (Note 2) | | |
+----------------------------------+----------+------------------------------------------+
| (7) | | Tuesday, March 2, |
| Payment | | 2010 |
| Date | | |
+----------------------------------+----------+------------------------------------------+
Notes: 1.The underwriter will purchase all shares at the issue price and offer
the shares at the offer price.
2.These figures are based on the assumption that the underwriter
exercises the option specified in (1) (ii) above, in full.
+----------------------------+-------------------------+--------------+
| (1) Reference | Tuesday, February 23, | |
| Date and | 2010 | |
| Closing Price | 346 yen | |
| of Shares of | | |
| Common Stock of | | |
| Pioneer on such | | |
| Reference Date | | |
+----------------------------+-------------------------+--------------+
| (2) Discount | 4.05% | |
| Rate | | |
+----------------------------+-------------------------+--------------+
# # # # # #
For further information, please contact:
Hideki Okayasu
Senior Managing Director and Representative Director
Pioneer Corporation, Japan
Phone: +81-44-580-3211 / Fax: +81-44-580-4064
E-mail: pioneer_shr@post.pioneer.co.jp
IR Website: http://pioneer.jp/ir-e/
This news release has been prepared for the purpose of announcing to the public
certain matters relating to the offer and sale of the shares of Pioneer
Corporation (the "Company"), and not for the purpose of inducing any investment.
This press release is not an offer of any securities of the Company for sale in
Japan, the United Kingdom or the United States nor shall it constitute an
invitation or inducement to engage in investment activity or financial promotion
for purposes of the Financial Services and Markets Act 2000 of the United
Kingdom. The securities have not been and will not be registered under the U.S.
Securities Act of 1933, as amended (the "Securities Act") and may not be offered
or sold in the United States absent registration or an exemption from
registration under the Securities Act. No public offering of securities in
Japan, the United States or the United Kingdom will be made in connection with
the offering described herein.
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEBXLFLBLFBBBK
1 Year Paragon M. C47 Chart |
1 Month Paragon M. C47 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
