May 13, 2021
Menicon Co., Ltd.
President and CEO: Hidenari Tanaka
Securities Code: 7780
TSE, 1st section, NSE, 1st section
Contact:
Motonari Watanabe
Senior Executive Officer,
Corporate Management, CFO
Phone:+81-52-935-1646
Notice regarding Adjustment of Conversion Price
for ¥23,000,000,000 Zero Coupon Convertible Bonds due 2025
Menicon Co., Ltd. (Menicon) hereby announces the adjustment of the conversion price for its
¥23,000,000,000 Zero Coupon Convertible Bonds due 2025 (bonds with stock acquisition rights, tenkanshasaigata shinkabu yoyakuken-tsuki shasai) (the "Bonds"). For details, please refer to the followings.
１．Adjustment of conversion price | ||
Conversion price | Conversion price after | |
Name of issue | prior to the adjustment | the adjustment |
¥23,000,000,000 Zero Coupon | 7,403.0 yen | 7,395.1 yen |
Convertible Bonds due 2025 | ||
２．Effective date | ||
On and after April 1, 2021 |
３．Reason for the adjustment
The conversion price is being adjusted pursuant to the conversion price adjustment clauses related to the Bonds resulting from payment of an annual dividend of 35 yen per share as dividends of surplus for fiscal year ended March 31, 2021. The payment of such dividend was approved at a meeting of the board of directors of the company on May 13, 2021.
End.