Brief: Create Restaurants Holdings unit says change in share repurchase and retirement plan

Create Restaurants Holdings

19/01/2018 03:50

Jan 19(Reuters) - Create Restaurants Holdings Inc  3387.T  
     
    * Says its unit SFP Holdings Co Ltd  3198.T  will repurchase 
up to 
3.8 million shares (13.1 percent stake) for up to 7.68 billion 
yen in total, instead of up to 550,000 shares (1.9 percent 
stake) for up to 1.21 billion yen in total previously 
    * Says SFP Holdings Co Ltd changes share repurchase period 
to a 
deadline of March 31, instead of Feb. 28 previously 
    * Says SFP Holdings Co Ltd will repurchase 3.3 million 
shares 
through takeover bid, at the price of 2,030 yen per share, 
during period from Jan. 22 to Feb. 19, and settlement starts on 
March 13 
    * Says the company plans to sell 3.2 million shares (worth 
about 
6.5 billion yen)of SFP Holdings Co Ltd through the takeover bid  
    * Says SFP Holdings Co Ltd will retire treasury shares after 
March 
13 
 
     
     
    Source text in Japanese:https://goo.gl/VbhcYb 
    Further company coverage: 3387.T  3198.T  
 
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