Japan Exchange Group Inc.

09/05/2024 | Press release | Distributed by Public on 09/05/2024 00:21

Sep. 05, 2024TSE Decision on Delisting, etc.: ZUKEN ELMIC,INC.

Market News

Sep. 05, 2024 TSEDecision on Delisting, etc.: ZUKEN ELMIC,INC.

Post

TSE has decided on delisting and designation as Securities to Be Delisted as follows.

1.Delisting and Designation as Securities to Be Delisted

(1)Issue Name ZUKEN ELMIC,INC. stock
(Code: 4770, Market Segment: Standard Market)
(2)Period of Designation as
   Securities to Be Delisted
From Sep. 5, 2024(Thu.) to Sep. 26, 2024(Thu.)
(3)Delisting Date Sep. 27, 2024(Fri.)
(Note) In cases where circumstances in which the company should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date.
(4)Reason
   (Related Clause)
Due to falling under a case where the company implements a reverse stock split with a split ratio at which the number of all the shares owned by shareholders other than a specified party will be less than one share
(Securities Listing Regulations, Rule 601, Paragraph 1, Item (18))
(5)Details of Reason At the general shareholders meeting of ZUKEN ELMIC,INC. (hereinafter "the Company") held today, the agenda item regarding a reverse stock split with a split ratio at which each of the shares held by shareholders other than specified entities will be less than one share was approved.

2.Exclusion from Securities in Lieu of Money

The stock of the Company will be excluded from securities in lieu of money for the following items from Sep. 6, 2024(Fri.) inclusive.
- Customer margin for margin transactions and when-issued transactions
- Trading margin for when-issued transactions
- Trading participant security money
- Participant bonds

DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.

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