Reuters logo
BRIEF-Transaction plans new issuance; top shareholder to lower stake in co
November 7, 2016 / 6:52 AM / in a year

BRIEF-Transaction plans new issuance; top shareholder to lower stake in co

Nov 7 (Reuters) - Transaction Co Ltd :

* Says it plans to issue 1.2 million new shares via public offerings

* Says it plans to issue 300,000 new shares via private placement with subscription date on Dec. 19 and payment date on Dec. 20

* Co’s controlling shareholder, president Satoshi Ishikawa to sell shares in co and his stake in co will be lowered to 31.19 percent down from 40.24 percent

* Further details to be determined

Source text in Japanese: goo.gl/XKndwl

Further company coverage: (Beijing Headline News)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below