The Results of Tender Offer for Acquisition of Own Shares
This is to announce the results of the Tender Offer for acquisition of own shares ended as of June 13, 2007 that has been implemented since May 17, 2007 in accordance with the resolution of the Board of Directors of MABUCHI MOTOR CO., LTD. ("MABUCHI MOTOR") on May 16, 2007, under the deemed application of the provision of 1 of Article 156 of the Company Code in accordance with the provision of 3 of Article 165 and under the provision of the Article of Incorporation as follows:
Outline of the Tender Offer
- Name and address of the Company who made the tender offer:
MABUCHI MOTOR CO., LTD. 430 Matsuhidai, Matsudo-shi, Chiba-ken, Japan - Type of shares purchased: Common stock
- Tender offer period: From May 17, 2007 (Thursday) to June 13, 2007 (Wednesday) (20 business day)
- Purchase price: JPY 6,610 per share
Results of the Tender Offer
1. Number of tendered shares and Number of shares purchased
| Number of applicant shareholders |
Number of tendered shares |
Number of shares purchased |
|---|---|---|
| 16 | 1,313,600 shares | 1,313,600 shares |
As the total number of shares tendered by applicant shareholders did not exceed the number of shares to be purchased (1,500,000 shares) under the Tender Offer, the shares tendered were fully purchased.
2. Total Acquisition Costs
JPY 8,682,896,000
(excluding miscellaneous expenses such as fees paid to the tender offer agent)
Payment for shares purchased
- Name and address the Agent for payment:
The Nomura Securities Co.,Ltd.("Nomura") 9-1, Nihonbashi 1 Cho-me, Chuo-ku, Tokyo, Japan
- Starting date of payment: June 20, 2007 (Wednesday)
- Method of payment:
Notice of purchasing in writing shall be sent to the address of applicant shareholders (or regular agents in case of foreign shareholders) immediately after the end of the tender offer period. Payment for the purchase shall be made by cash. Nomura shall remit or pay the amount of purchase price after deducting withholding tax, to the accounts designated by the respective shareholders or at the head office of Nomura or its branches located in Japan, immediately after the starting date of payment.
The places where the Tender Offer Report is made available for public inspection
The Nomura Securities Co.,Ltd.("Nomura") 9-1, Nihonbashi 1 Cho-me, Chuo-ku, Tokyo, Japan
Notice of purchasing in writing shall be sent to the address of applicant shareholders (or regular agents in case of foreign shareholders) immediately after the end of the tender offer period. Payment for the purchase shall be made by cash. Nomura shall remit or pay the amount of purchase price after deducting withholding tax, to the accounts designated by the respective shareholders or at the head office of Nomura or its branches located in Japan, immediately after the starting date of payment.
MABUCH MOTOR CO.,LTD. 430 Matsuhidai, Matsudo-shi, Chiba-ken, Japan
Tokyo Stock Exchange, Inc. 2-1, Nihonbashi-Kabuto-cho, Chuo-ku, Tokyo, Japan
We also herein announce that by this Tender Offer, MABUCHI MOTOR has finished the acquisition of own shares which was resolved by the Board of Directors of MABUCHI MOTOR on May 16, 2007.
Reference
- Class of shares to be purchased: Common stock
- Number of shares to be purchased: Up to 1,500,100 shares (Ratio to the outstanding shares 3.19%)
- Required Yen amount for the repurchase: Up to JPY 10,000,000,000.
- Tender offer period: From and including May 17, 2007 to and including June 29, 2007