Notice concerning Acquisition of the Shares of the Class 1 Preferred stock of Kansai Urban Banking Corporation
February 20, 2018
Resona Holdings, Inc.
Resona Holdings, Inc. ("Resona Holdings") hereby announces that Resona Holdings has purchased all of the shares of the Class 1 preferred stock of Kansai Urban Banking Corporation ("Kansai Urban") owned by Sumitomo Mitsui Banking Corporation ("SMBC") today pursuant to the business integration agreement executed as of September 26, 2017 between Resona Holdings, Sumitomo Mitsui Financial Group, Inc., SMBC, The Minato Bank, Ltd. ("Minato"), Kansai Urban and The Kinki Osaka Bank, Ltd. ("Kinki Osaka"), as announced in the "Notice concerning a Business Integration between The Minato Bank, Ltd., Kansai Urban Banking Corporation and The Kinki Osaka Bank, Ltd." as of September 26, 2017 (including the partial amendment announced as of October 13, 2017; the "Business Integration Press Release") as follows (the "Share Transfer of the Preferred Stock").
The Share Transfer of the Preferred Stock will be implemented as part of a business integration of Minato, Kansai Urban and Kinki Osaka under Kansai Mirai Financial Group, Inc. (the "Business Integration"). For further details of the Business Integration, please refer to the Business Integration Press Release.
Resona Holdings will continue to proceed with preparations for completion of the Business Integration scheduled for April 1, 2018.
|Acquired Shares||Shares of the Class 1 preferred stock of Kansai Urban Banking Corporation|
|Transferor of the Share Transfer of the Preferred Stock||
Sumitomo Mitsui Banking Corporation
|Total Amount of Acquisition Price||
|Acquisition Price per Share||
|Number of Acquired Shares||
|Date of Acquisition||
February 20, 2018