REG - Konami Holdings Corp - View and Policy of Stock Trading Unit

KonamiAnnouncement

28/06/2018 07:25

RNS Number : 8683S
Konami Holdings Corporation
28 June 2018
 






June 28, 2018










FOR IMMEDIATE RELEASE












KONAMI HOLDINGS CORPORATION












Takuya Kozuki, Representative Director, President








Shares listed:


Tokyo and London Stock Exchanges






















Contact:


Shinichiro Yoneyama, Corporate Officer, General Manager, General Affairs Department








Tel:


+81-3-5771-0222




 




Notice on View and Policy Concerning Reduction of Stock Trading Unit




 
1.    View on Reduction of Stock Trading Unit
KONAMI HOLDINGS CORPORATION (the "Company") recognizes that the reduction of stock trading unit is one of the effective measures to increase the liquidity of the stock market and to promote the participation of a broad investor base. The Company has already adopted the 100-share trading unit since 1992.
 
2.    Policy on Reduction of Stock Trading Unit
The Company recognizes that the recent increase in price per stock trading unit is a result of enhanced corporate value and the liquidity of our shares is being sufficiently maintained. Accordingly, the Company has no plan to reduce the trading unit at present.
The Company will comprehensively consider further actions as necessary, taking into account relevant factors such as share price, number of shareholders, liquidity of the Company's shares and associated costs and benefits, etc.
 
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