TSE’nin incelemesi sonucunda listelenen bir şirketin önemli hayatta kalıcı şirket olmaması bekleniyor ve hisseler grace period’a giriyor

Kısaca

İlgili şirketin birleşme sonrası önemli hayatta kalıcı şirket olmaması bekleniyor; hisseler grace period’a giriyor. Karar Japon Borsası Düzenlemesi sonuçlarına dayanıyor ve inceleme süreciyle bağlantılı. Piyasa takibi: grace period süresi, Prime Market kriterlerinin uygulanması ve birleşmenin nihai sonuçları

Ana mesele

TSE, listelenmiş bir şirketin önemli hayatta kalıcı şirket olmaması beklediğini duyurdu.

Ne değişti?

main_issue ile farklı bilgi: karar, birleşme/entegrasyon sonucu hayatta kalıcı şirket statüsünün değişmesi üzerine odaklanıyor.

Beni nasıl etkiler?

Okuyucuya yatırım kararları ve hisse değeri üzerinde etkili bir gelişme olarak yansıyabilir.

Ne oldu?

Listed şirketin önemli hayatta kalıcı şirket olmaması bekleniyor.

Neden şimdi?

Birleşme/entegrasyon kararıyla ilgili inceleme sonuçlarının yeni durum yaratması nedeniyle.

Neden önemli?

Listeleme kriterleri, haklar ve işlem akışında değişiklikler olası; yatırım kararlarını etkiler.

Kimler etkileniyor?

• hissedarlar
• yatırımcılar
• aracı kurumlar
• piyasa yapıcılar

Sektör ve piyasa etkisi

Borsa listeleri ve yatırımcı güveni üzerinde etkili olabilir; Prime Market kriterleri yeniden değerlendirilebilir.

Riskler

• Listeleme durumunun belirsizleşmesi
• Hisse değeri düşüşü veya volatilite artışı
• Regülasyon sürecinde gecikmeler

Takip edilmesi gerekenler

• grace period süresi
• Prime Market kriterlerinin uygulanması
• Birleşme sonucundaki kesin kararlar

Haberin tamamı

TSE notifies that a listed company is expected not to be a substantial surviving company. In principle, if the listed company ceases to be a substantial surviving company, its stock will enter a grace period. *This decision is based on the results of an examination by Japan Exchange Regulation.

(Note1) The decision on whether a company is a "substantial surviving company" is not a decision on the nature of the business or on business continuity of said company. The decision is made based on overall consideration of matters such as (i) management performance and financial status, (ii) executive officer composition and business management organization, (iii) shareholder composition, (iv) trade name or company name, and (v) other matters that are deemed to have a material impact on the listed company due to the action in question. In general, it is a comparison of superiority of the companies involved in terms of scale, etc.

(Note2) If the Business Integration is implemented and the Company ceases to be a substantial surviving company, the Company’s stock will enter a grace period on the date of the Business Integration. If the Company is deemed to meet criteria equivalent to the initial listing criteria for the Prime Market prior to the date of the Business Integration, the Company’s stock will continue to be listed on the Prime Market without entering a grace period.

(Note3) The grace period will be from the date of the Business Integration to the day three years after the end of the first business year ending after the date of the Business Integration (if this day is not the last day of the Company’s business year, to the last day of the business year ending immediately before this day). If the Company is deemed to meet criteria equivalent to the initial listing criteria for the Prime Market during the grace period, the grace-period designation will be removed, and the Company’s stock will continue to be listed on the Prime Market.

(Note4) If the Company does not apply for an examination as to whether it meets criteria equivalent to the initial listing criteria for the Prime Market within eight business days counting from the submission date of the first annual securities report after the end of the grace period (including cases where it is clear that such an application will not be made), or if the Company is deemed not to meet these criteria as a result of the examination, the Company’s stock will be transferred to the Growth Market, on which SBI Insurance Group Co.,Ltd. was listed.

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.

Tokyo Stock Exchange, Inc. Listing Department, Corporate Disclosure Office, Planning & Coordination, Listed Company Services TEL:+81-3-3666-0141(Switchboard)

Kaynaklar

• Japan Exchange Group - Market News