For inquiries on this matter, please contact
- Mitsui & Co., Ltd.
Investor Relations Division - Contact form
- Mitsui & Co., Ltd.
Corporate Communications Division
Telephone: +81-80-5912-0321
Facsimile: +81-3-3285-9819 - Contact form
Main Contents
Mitsui & Co., Ltd. (the "Company") announces its decision made today to conduct the secondary offering of its common stock in overseas markets (the "International Secondary Offering"), as follows.
| (1) Class and Number of Shares to be Offered | 14,933,400 shares of common stock of the Company | |
|---|---|---|
| (2) Seller and Number of Shares to be Offered | Mitsui Sumitomo Insurance Company, Limited Sumitomo Mitsui Banking Corporation |
11,725,000 shares 3,208,400 shares |
| (3) Offer Price per Share | To be determined. (The offer price shall be determined on a certain date between June 24, 2024 (Monday) to June 25, 2024 (Tuesday) (the "Pricing Date"), taking into consideration the level of demand and other factors, in accordance with the same book-building method as prescribed in Article 25 of the Rules Concerning Underwriting, etc. of Securities adopted by the Japan Securities Dealers Association, with the provisional term being the price obtained by multiplying the closing price for ordinary transactions of the common stock of the Company on the Tokyo Stock Exchange, Inc. on the Pricing Date by 0.90 ~ 1.00 (if there is no closing price on that day, the closing price on the most recent day prior to that day) (any fraction less than one (1) yen resulting from such calculation shall be rounded down). |
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| (4) Method of Offering | The International Secondary Offering will be made in overseas markets, mainly in Europe and Asia (excluding the United States and Canada) and the underwriters shall subscribe for all shares severally but not jointly. The aggregate amount obtained by subtracting the subscription amount (the amount to be paid from the underwriters to the Sellers) from the offer price shall constitute proceeds to the underwriters. |
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| (5) Delivery Date | June 27, 2024 (Thursday) | |
| (6) Subscription Unit | 100 shares | |
This announcement is published in order to publicly announce specific facts stated above, and does not constitute a solicitation of investments or any similar act inside or outside of Japan. This announcement is not an offer of securities for sale in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the United States Securities Act of 1933, as amended (the "Securities Act"). The securities referred to herein have not been, and will not be registered under the Securities Act. Any public offering of securities in the United States would require the publication of a prospectus by the Company that will contain detailed information about the Company and its management, as well as financial statements of the Company. As the International Secondary Offering will be made outside Japan and only to the non-residents of Japan, registrations or notifications under the Financial Instruments and Exchange Act of Japan (the "FIEA") will not be made, and a prospectus under the FIEA will not be prepared.