Notice Regarding Issuance of New Shares(1/1)
Sumitomo
Mitsui Banking Corporation
Notice
Regarding Issuance of New Shares
TOKYO, November 13, 2009 --- Sumitomo Mitsui
Banking Corporation (“SMBC” President: Masayuki Oku) hereby
announces that its board of directors has resolved to issue new shares
of its common stock by way of third-party allotment to Sumitomo Mitsui
Financial Group, Inc. (“SMFG”, in relation to the issuance of preferred
securities through an overseas special purpose subsidiary of SMFG, as set
forth below.
PARTICULARS
（1）Class and Number
of Shares to be Offered
|
992,453 shares of
common stock of SMBC
|
（2）Amount to be Paid
|
¥48,365 per share
|
（3）Total Amount to
be Paid
|
¥47,999,989,345
|
（4）Amount of Stated
Capital and Additional Paid-in Capital |
The amount of
stated capital to be increased: ¥23,999,994,673 |
（5）Subscription
Period
|
November 25, 2009
(Wed.)
|
（6）Payment Date
|
November 26, 2009
(Thurs.)
|
（7）Allottee
|
SMFG in its entirety by way
of third-party allotment
|
（8）Shares not
subscribed within the subscription period in (5) above shall not be issued.
|
|
（9）Any other matters
necessary for the issuance of new shares by way of third-party allotment
shall be determined at the discretion of a Representative Director of SMBC.
|
|
（10）The issuance of new
shares by way of third-party allotment shall be subject to the effectiveness
of their registration under the Financial Instruments and Exchange Act of
Japan.
|
|
SMFG intends to use
part of the proceeds from the issuance of the preferred securities, which was
resolved at its board of directors meeting held on August 24, 2009, to purchase
shares of common stock to be issued by way of third-party allotment as
described above.
Reference
1. Change in the number of issued
shares as a result of this issuance of new shares by way of third-party allotment
(1) Total number of issued shares at present |
Common Stock Type 6 Preferred
Stock
|
85,239,932 shares
70,001 shares
|
|
Total:
|
85,309,933 shares
|
(2) Increase in number of shares by way of third-party
allotment:
|
Common Stock
|
992,453 shares
|
(3) Total number of issued shares after the third-party
allotment:
|
Common Stock |
86,232,385 shares
70,001 shares
|
|
Total:
|
86,302,386 shares
|
2. Use of proceeds
The estimated proceeds from
the third-party allotment of ¥47,831,989,345 are planned to be used for general
corporate purposes.
3. Outline of the company to which the
new shares are to be allocated
(as of November 13, 2009)
Company name:
|
SMFG
|
Head office address:
|
1-2, Yurakucho 1-chome, Chiyoda-ku, Tokyo,
Japan
|
Amount of Stated Capital:
|
¥1,851,389
million
|
Representative:
|
President: Teisuke Kitayama
|
Business description:
|
Bank holding company
|
Capital relationship with SMBC:
|
SMBC’s parent
company (share ownership 100%)
|
This press release has been prepared for the sole purpose of publicly announcing SMBC's issuance of its new shares, and not for the purpose of soliciting investment or any other similar activities within or outside Japan. This press release is not an offer of securities for sale within or outside Japan. The securities referred to above have not been, and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"). The securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act.
Copyright © 2009 Sumitomo Mitsui Banking Corporation. All Rights Reserved.