Market News
Mar. 08, 2019 TSE Decision on Delisting, etc.: PIONEER CORPORATION
TSE has decided on delisting and designation as Securities to Be Delisted as follows.
１．Delisting and Designation as Securities to Be Delisted
| （１）Issue Name | PIONEER CORPORATION stock (Code: 6773, Market Division: 1st Section ) |
| （２）Period of Designation as Securities to Be Delisted | From Mar. 8, 2019 (Fri.) to Mar. 26, 2019 (Tue.) |
| （３）Delisting Date | Mar. 27, 2019 (Wed.) (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. |
| （４）Provision | Securities Listing Regulations, Rule 601, Paragraph 1, Item 20 (due to falling under cases where the Exchange deems delisting as appropriate.) |
| （５）Reason | At the general shareholders meeting of PIONEER CORPORATION (hereinafter "the Company") held on Jan. 25, 2019 (Fri.), the agenda item regarding a reverse stock split with the ratio at which the number of shares held by the shareholders (excluding Wolfcrest Limited (unlisted)) of the Company will be less than one share, on the condition of issuance of new shares (hereinafter "the new shares") to Wolfcrest Limited through a third-party allotment, was approved and the new shares were issued today. As such, the reverse stock split above has become effective as of Mar. 31, 2019 (Sun.). |
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 Mar. 11, 2019 (Mon.) inclusive.
- Customer margin for margin trading and when-issued transactions
- Trading margin for when-issued transactions
- Trading participant security money
- Participant bonds
Designation History of Securities Under Supervision & Securities to Be Delisted
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