Notice of Decision on Share Acquisition that falls under the "Buying Up"
September 15, 2021
Resona Holdings, Inc.
Resona Holdings, Inc. (President: Masahiro Minami; hereinafter "Resona HD"), hereby announces that its subsidiary, Resona Bank, Limited(President: Shoichi Iwanaga,)has resolved to acquire the shares of Diamond Electric Holdings Co., Ltd. ("DEH") as described in the table below, in a capacity of trustee of the DEH's share benefit trust for its officers and the share benefit trust for its employees, released by DEH on May 24, 2021 and August 30, 2021 (hereinafter collectively referred to as the "Trusts").
It is hereby notified that as this acquisition constitutes not less than 5% on a voting rights basis, and therefore, corresponds to the "Buying Up" defined in Article 31 of the Order for Enforcement of the Financial Instruments and Exchange Act.
|Securities Name(Company name)||Diamond Electric Holdings Co., Ltd.|
|Date of Acquisition||September 15, 2021|
|Type of Shares||Shares of common stock|
|Number of Acquired Shares||720,000 shares|
|Number of Acquired Voting Rights||7,200 voting rights|
|Ratio to the Number of Voting Rights of All Shareholders||9.57%*|
- *The ratio to the number of voting rights of all shareholders shows the acquired percentage after Resona Bank has recorded the shares in its trust accounts for the Trusts resulting from DEH's disposal of treasury stocks through a third-party allocation. To be specific, the ratio was calculated by dividing the acquired voting rights (7,200) by the sum of: i) the total number of voting rights as of March 31, 2021 (68,065); and ii) the increased voting rights through the disposal of DEH's treasury stocks (7,200).