Completion of Payment(Honda)
March 23 2010 - 3:00AM
UK Regulatory
TIDM35SV TIDMHNDA
RNS Number : 9996I
Pioneer Corporation
23 March 2010
For Immediate Release
March 23, 2010
Completion of Payment for New Shares Issued Through
Third-party Allotment to
Honda Motor Co., Ltd.
Pioneer Corporation announced today that the payment for the new shares issued
through the third-party allotment to Honda Motor Co., Ltd., pursuant to the
resolutions by the board of directors of Pioneer adopted at its meetings held on
April 28, 2009 and March 5, 2010, was completed today as scheduled. Details are
provided below.
1.Outline of Issuance of New Shares
+-----------------------------+-+---------------------------------------+
| (1)Number of | | 14,700,000 shares of common stock |
| new shares | | |
| issued: | | |
+-----------------------------+-+---------------------------------------+
| (2)Aggregate | | 2,499,000,000 yen (170 yen per share) |
| paid amount: | | |
+-----------------------------+-+---------------------------------------+
| (3)Amount | | 1,249,500,000 yen (85 yen per share) |
| accounted for | | |
| as stated | | |
| capital: | | |
+-----------------------------+-+---------------------------------------+
| (4)Party to | | Honda Motor Co., Ltd. |
| which new | | |
| shares is | | |
| allotted: | | |
+-----------------------------+-+---------------------------------------+
2.Change in Total Number of Shares Issued by the Issuance of New Shares
+-----------------------------+-+------------------+-+-------------------+
| | |Number of shares | | (Stated |
| | | | | capital) |
+-----------------------------+-+------------------+-+-------------------+
| Total number of shares | | 311,393,836 | | (86,007,643,230 |
| issued before the issuance | | shares | | yen) |
| of new shares: | | | | |
+-----------------------------+-+------------------+-+-------------------+
| Increase in number of | | 14,700,000 | | (Increase of |
| shares by the issuance of | | shares | | 1,249,500,000 |
| new shares: | | | | yen) |
+-----------------------------+-+------------------+-+-------------------+
| Total number of shares | | 326,093,836 | | (87,257,143,230 |
| issued | | shares | | yen) |
| after the issuance of new | | | | |
| shares: | | | | |
+-----------------------------+-+------------------+-+-------------------+
# # # # # #
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 information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGMGZFVFDGGZG
Paragon M. C47 (LSE:35SV)
Historical Stock Chart
From Jun 2024 to Jul 2024
Paragon M. C47 (LSE:35SV)
Historical Stock Chart
From Jul 2023 to Jul 2024