Brief: Pado issues new shares for 1 bln yen and says shareholding changes

Def Consulting

31/03/2017 08:00

March 31 (Reuters) - Pado Corp  4833.T : 
     
    * Says it issued 13.5 million new shares for 1 billion yen 
in total via private placement 
    * Says RIZAP GROUP raised stake in it to 71.1 percent from 0 
percent, a Yokohama-based advertisement company cut stake in it 
to 7.2 percent from 25 percent, an individual cut stake in it to 
6 percent from 20.8 percent 
     
     
    Source text in Japanese: https://goo.gl/OZQvit 
    Further company coverage: 4833.T  
 
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