News Release
FY2024
July 19, 2024
JX Advanced Metals Corporation
Notice Regarding an Extension of the Tender Offer Period Pertaining to the Tender Offer for Shares of TATSUTA Electric Wire and Cable Co., Ltd. (Securities Code: 5809)
JX Advanced Metals Corporation (the "Tender Offeror") is conducting a tender offer for common shares of TATSUTA Electric Wire and Cable Co., Ltd. (Code Number: 5809, Prime Market of the Tokyo Stock Exchange, Inc.; the "Target Company") (the "Tender Offer") starting June 21, 2024, and on July 19, 2024, it decided to extend the purchase period for the Tender Offer to August 2, 2024 to set the total number of business days at 30. In connection therewith, the Tender Offeror hereby announces that it will partially change the content stated in the "Notice Regarding Commencement of Tender Offer for Shares of TATSUTA Electric Wire and Cable Co., Ltd. (Securities Code: 5809)" dated June 20, 2024, as follows. Changes are as underlined.
(1) Purchase period
(Before change)
From June 21, 2024 (Friday) until July 19, 2024 (Friday) (20 business days).
(After change)
From June 21, 2024 (Friday) until August 2, 2024 (Friday) (30 business days).
(2) Commencement date of settlement
(Before change)
July 26, 2024 (Friday)
(After change)
August 9, 2024 (Friday)
For specific details of the changes above, please see the amended statement to the tender offer registration statement submitted by the Tender Offeror today in connection with the changes of terms and conditions for the Tender Offer.
Furthermore, the Tender Offeror is not making any changes to the tender offer price of 720 yen per share (the "Tender Offer Price") since the Tender Offeror believes that the Tender Offer Price reflects the Target Company's value sufficiently.