05/15/2020 | 03:20am EDT
May 15, 2020 TSEDecision on Delisting, etc.: ODELIC CO.,LTD.
TSE has decided on delisting and designation as Securities to Be Delisted as follows.
１．Delisting and Designation as Securities to Be Delisted
ODELIC CO.,LTD. stock
(Code: 6889, Market Division: JASDAQ Standard)
|（２）Period of Designation as Securities to Be Delisted||From May 15, 2020 (Fri.) to Jun. 4, 2020 (Thu.)|
Jun. 5, 2020 (Fri.)
(Note) In cases where circumstances in which the company should be promptly delisted occur, TSE may change the period of designation as Securities to Be Delisted and the delisting date.
Securities Listing Regulations, Rule 604-2, Paragraph 1, Item (3)
(related rule: Securities Listing Regulations, Rule 601, Paragraph 1, Item (18)-3)
(due to falling under a case where the company implements a reverse stock split with a split ratio at which the number of all the shares owned by shareholders other than a specified party will be less than one share)
|（５）Reason||At the general shareholders meeting of ODELIC CO.,LTD. (hereinafter ‘the Company’) held today, the agenda item regarding a reverse stock split (effective date: Jun. 9, 2020) with a split ratio at which the number of shares held by shareholders of the Company other than Amase Create Co., Ltd. (unlisted) and another shareholder will be less than one share was approved.|
２．Exclusion from Securities in Lieu of Money
The stock of the Company will be excluded from securities in lieu of money for the following items from May 18, 2020 (Mon.) inclusive.
– Customer margin for margin trading and when-issued transactions
– Trading margin for when-issued transactions
– Trading participant security money
– Participant bonds
DISCLAIMER: This translation may be used for reference purposes only. This English version is not an official translation of the original Japanese document. In cases where any differences occur between the English version and the original Japanese version, the Japanese version shall prevail. This translation is subject to change without notice. Tokyo Stock Exchange, Inc. and/or Japan Exchange Regulation shall individually or jointly accept no responsibility or liability for damage or loss caused by any error, inaccuracy, misunderstanding, or changes with regard to this translation.
Tokyo Stock Exchange, Inc. Listing Department, Corporate Disclosure Office, Planning & Coordination, Listed Company Services
Japan Exchange Group Inc. published this content on 15 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 May 2020 07:19:12 UTC
Technical analysis trends JAPAN EXCHANGE GROUP, INC.
|Short Term||Mid-Term||Long Term|
Income Statement Evolution
|Number of Analysts||3|
|Average target price||
2 100,00 JPY
|Last Close Price||
2 248,00 JPY
|Spread / Highest target||2,31%|
|Spread / Average Target||-6,58%|
|Spread / Lowest Target||-19,9%|