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REG - Konami Holdings Corp - Result of Repurchase of Shares <Origin Href="QuoteRef">9766.T</Origin>

RNS Number : 9797H
Konami Holdings Corporation
04 December 2015

December 4, 2015


FOR IMMEDIATE RELEASE

KONAMI HOLDINGS CORPORATION

Takuya Kozuki, Representative Director, President

Shares listed: Tokyo and London Stock Exchanges

Contact: Junichi Motobayashi, General Manager, Finance and Accounting

Tel: +81-3-5771-0222

Notice on Result of Repurchase of Shares

through Off-Auction Share Repurchase Transaction (ToSTNeT-3)

(Repurchase of Shares pursuant to Provisions of Articles of Incorporation
in accordance with Article 165, Paragraph 2 of the Companies Act)

KONAMI HOLDINGS CORPORATION (the "Company") hereby announces that it has conducted the repurchase of its own shares today as announced on December 3, 2015, as below.

1. Reason for the Share Repurchase

The Company has decided to repurchase such shares in order to strengthen shareholder returns and carry on flexible capital policies as part of its efforts to improve capital efficiency and address changes in business environment.

2. Matters Relating to the Share Repurchase

(1)

Class of shares to be repurchased

Common stock

(2)

Total number of shares to be repurchased

2,218,400shares

(3)

Repurchase price

2,976 yen

(4)

Total repurchase price

6,601,958,400 yen

(5)

Repurchase date

December 4, 2015

(6)

Repurchase method

Repurchase through an off-auction share repurchase transaction in Tokyo Stock Exchange, Inc. (ToSTNeT-3)

Note: Sumitomo Mitsui Banking Corporation has indicated to the Company that it sold 2,000,000 shares of common stocks held by it.



(Reference)

1. Resolution of the Board of Directors' meeting held on December 3, 2015 relating to repurchase of shares

(1)

Class of shares to be repurchased

Common stock

(2)

Total number of shares to be repurchased

Up to 4,000,000shares

(2.89% of the total issued shares (excluding treasury stock))

(3)

Total repurchase price of shares

Up to 10 billion yen

(4)

Repurchase period

From and including December 4, 2015 to and including March 31, 2016

(5)

Repurchase method

Market purchase in Tokyo Stock Exchange, Inc.

2. Status as ofDecember 4, 2015

(1)

Total number of shares repurchased

2,218,400shares

(2)

Total repurchase price

6,601,958,400 yen

Note: Since the number of shares repurchased did not reach the upper limit of the total number of shares to be repurchased resolved at the Board of Directors' meeting held on December 3, 2015, the Company continues to repurchase further shares by market purchases in Tokyo Stock Exchange, Inc. during a period from December 7, 2015 to March 31, 2016.

End of File


This information is provided by RNS
The company news service from the London Stock Exchange
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