Market News
Jul. 28, 2021 TSE Decision on Delisting, etc.: FUNAI ELECTRIC 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
| （１）Issue Name | FUNAI ELECTRIC CO.,LTD. stock (Code: 6839, Market Division: 1st Section) |
| （２）Period of Designation as Securities to Be Delisted | From Jul. 28, 2021(Wed.) to Aug. 25, 2021(Wed.) |
| （３）Delisting Date | Aug. 26, 2021(Thu.) (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 (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 FUNAI ELECTRIC CO.,LTD. (hereinafter "the Company") held today, the agenda item regarding a reverse stock split (effective date: Aug. 30, 2021) with a split ratio at which the number of shares held by shareholders of the Company other than SHUWA SYSTEM HOLDINGS 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 Jul. 29, 2021(Thu.) inclusive.
- Customer margin for margin transactions 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
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.
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