Brief: CTS to distribute common shares and retire 3.1 pct stake of shares

CTS

05/12/2017 07:07

Dec 5 (Reuters) - CTS Co Ltd  4345.T  : 
       
    * Says it plans to distribute 3 million common shares via 
public 
offering  
    * Says it plans to distribute 450,000 common shares via 
private 
placement, with subscription date on Jan. 16, 2018 and payment 
date on Jan. 17, 2018 
    * Says it plans to retire 3.1 percent stake of shares (1.4 
million 
shares) on Jan. 31, 2018 
 
     
    Source text in Japanese: https://goo.gl/BKtmhY 
    Further company coverage: 4345.T  
 
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