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March 4, 2013

Rengo Accepts Third-Party Allotment of New Shares from Ishikawa Seisakusho, Ltd.

Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; President & CEO: Kiyoshi Otsubo) announces that it has accepted a third-party allotment of new shares from Ishikawa Seisakusho, Ltd. (hereinafter “Ishikawa Seisakusho”). Details are as follows.

 

1. Outline of the Company Issuing New Shares (Ishikawa Seisakusho)


(1) Company name

Ishikawa Seisakusho, Ltd.

(2) Representative President Norifumi Takeda
(3) Location 200 Fukudomemachi, Hakusan City, Ishikawa

 

2. Outline of the Share Acquisition by Third-Party Allotment


(1) Number of shares acquired

12,700,000 shares of common stock

(2) Purchase price 80 yen per share
(3) Total purchase amount 1,016,000,000 yen
(4) Number of shares
held after acquisition
12,700,000 shares (19.96% of voting rights)

 

Following the share acquisition, Rengo intends to further purchase shares of Ishikawa Seisakusho on the stock market until the percentage of voting rights reaches 20%.