[Translation]
To whom it may concern:
May 9, 2017
Name of the Company: NH Foods Ltd. Name of the Representative: Juichi Suezawa
President and Representative Director (Code No.: 2282 Listed on 1st Section of Tokyo Stock Exchange)
Person to contact: Masahito Kataoka
Executive Officer, General Manager of Public & Investor Relations Department, Corporate Management Division
Notice of the Adjustment of the Conversion Price of the Euro Yen Zero Coupon Convertible Bonds Due 2018NH Foods Ltd. (the "Company") hereby announces that the adjustment of the conversion price of the Euro Yen Zero Coupon Convertible Bonds due 2018 which the Company issued (the "Convertible Bonds") is determined to be made, as follows:
Description
Adjustment of the conversion price:
Name of the securities
Conversion price before adjustment
Conversion price after adjustment
Euro Yen Zero Coupon Convertible Bonds due 2018
¥2,216.0
¥2,205.6
Application date of adjustment: On or after April 1, 2017
Reason for the adjustment
The conversion price of the Convertible Bonds is adjusted pursuant to the conversion price adjustment clause of the Convertible Bonds resulting from payment of a term-end dividend of ¥ 52 per share, which proposal was approved at the Board of Directors of the Company held on May 9, 2017.
Because the stock acquisition rights were exercised by certain bondholders, the aggregate outstanding amount of the Convertible Bonds (the principal amount of ¥30,000,000,000) as of today is
¥14,160,000,000.
- END -
NH Foods Ltd. published this content on 09 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 09 May 2017 07:50:17 UTC.
Original documenthttp://www.nipponham.co.jp/eng/pdf/20170509.pdf
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