Notice Regarding Issuance of New Shares(1/1)
Sumitomo
Mitsui Banking Corporation
Notice
Regarding Issuance of New Shares
TOKYO, January 28, 2010 --- 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”,
as set forth below.
PARTICULARS
|
(1) Class and Number
of Shares to be Offered |
20,016,015 shares
of common stock of SMBC |
|
(2) Amount to be Paid |
¥48,365 per share |
|
(3) Total Amount to be Paid |
¥968,074,565,475 |
|
(4) Amount of Stated Capital and Additional Paid-in Capital |
The amount of stated capital to be increased: ¥484,037,282,738 |
|
(5) Subscription Period |
February 15, 2010
(Mon.) |
|
(6) Payment Date |
February 16, 2010
(Tue.) |
|
(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 and to
the amendment of the Articles of Incorporation of SMBC in order to increase
the Total Number of Authorized Shares in a Class of ordinary shares to
120,000,000 shares (Note). |
|
(Note) The amendment of the
Articles of Incorporation described above has been resolved at the shareholder
meeting and the Class meetings of SMBC as of today.
SMFG intends to use
the proceeds from the issuance of its new shares resolved at its board of
directors meeting held on January 6, 2010, to subscribe for shares of common
stock to be issued by way of third-party allotment as described above.
Accordingly, depending on the amount of such proceeds, a portion of the shares
to be issued may not be subscribed for, which could lead to a reduction in the
ultimate number of shares to be issued by way of third-party allotment due to
forfeiture.
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 |
86,232,385 shares |
|
|
Total: |
86,302,386 shares |
|
(2) Increase in number of shares by way of third-party
allotment: |
Common Stock |
20,016,015 shares |
|
(3) Total number of issued shares after the third-party
allotment: |
Common Stock |
106,248,400 shares |
|
|
Total: |
106,318,401 shares |
2. Use of proceeds
The estimated proceeds from
the third-party allotment of ¥964,686,165,475 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 December 31, 2009)
|
Company name: |
Sumitomo Mitsui Financial Group, Inc. |
|
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%) |
Copyright © 2009 Sumitomo Mitsui Banking Corporation. All Rights Reserved.