Notice of Determination of Number of New Shares to be Issued Through Third-Party Allotment
01 August 2013 - 4:38PM
Note: This press release does not constitute an offer of any
securities for sale. This press release has been prepared for the
purpose of publicly announcing that the Company has determined
matters relating to the issuance of new shares and the secondary
offering of its shares and not for the purpose of soliciting
investment or engaging in any other similar activities. This press
release is not an offer of securities for sale in the United
States. The securities referred to above have not been, and will
not be, registered under the United States Securities Act of 1933,
as amended (the "Securities Act"). The securities may not be
offered or sold in the United States absent registration or an
exemption from registration under the Securities Act.
Internet Initiative Japan Inc. ("IIJ", the "Company", "we")
(Nasdaq:IIJI) (TSE:3774) today announces that, in connection with
the issuance of new shares by way of third party allotment (the
"Issuance through Third-Party Allotment") resolved simultaneously
with both the issuance of new shares by way of primary offering
(the "Public Offering") and the secondary offering of shares by way
of over-allotment at the meeting of the Board of Directors held on
July 2, 2013, IIJ has been notified by the allottee that it will
subscribe to all of the new shares that IIJ plans to issue, as set
forth below.
1. Number of Shares to be Issued |
700,000 shares |
|
(Number of shares scheduled to be issued:
700,000) |
2. Total Amount to be Paid |
JPY2,245,600,000 |
|
JPY3,208 per share |
3. Amount of Increase in Stated
Capital |
JPY1,122,800,000 |
|
JPY1,604 per share |
4. Amount of Increase in Additional
Paid-in Capital |
JPY1,122,800,000 |
|
JPY1,604 per share |
5. Subscription Period (Subscription
Date)(in Japan) |
Friday, August 2, 2013 |
6. Payment Date (in Japan) |
Monday, August 5, 2013 |
<For References>
1. The Issuance through Third-Party Allotment was resolved
simultaneously with both the issuance of new shares by way of the
Public Offering and the secondary offering of shares by way of
over-allotment at the meeting of the Board of Directors held on
July 2, 2013.
For more information about the Issuance through Third-Party
Allotment, please refer to our press releases entitled "Notice
Concerning Issuance of New Shares and Secondary Offering of Shares
in Japan" dated July 2, 2013 and "Notice of Issue Price and Selling
Price for Offering in Japan" dated July 10, 2013.
2. Change in the total number of issued shares as a result of
the Issuance through Third-Party Allotment
Total number of issued shares at
present, as of July 31, 2013 |
45,997,800 |
Increase in the number of shares as a
result of the Issuance through Third-Party Allotment |
700,000 |
Total number of issued shares after the
Issuance through Third-Party Allotment |
46,697,800 |
3. Use of Proceeds
Out of proceeds from the Public Offering of new shares and the
Issuance through Third-Party Allotment, which are estimated to be
JPY17,223,200,000 in total, JPY10,122,000,000 is planned to be used
for capital investment for the Network Services and Systems
Integration business by the end of March 2015, JPY5,111,200,000 is
planned to be used to repay debt for network equipment leased by
the end of March 2013 and to be repaid by the end of March 2015 and
JPY1,990,000,000 is planned to be used to repay debt to be repaid
by August 2014. For more information, please refer to our press
release entitled "Notice Concerning Issuance of New Shares and
Secondary Offering of Shares in Japan" on July 2, 2013.
Note: This press release does not constitute an offer of any
securities for sale. This press release has been prepared for the
purpose of publicly announcing that the Company has determined
matters relating to the issuance of new shares and the secondary
offering of its shares and not for the purpose of soliciting
investment or engaging in any other similar activities. This press
release is not an offer of securities for sale in the United
States. The securities referred to above have not been, and will
not be, registered under the United States Securities Act of 1933,
as amended (the "Securities Act"). The securities may not be
offered or sold in the United States absent registration or an
exemption from registration under the Securities Act.
About IIJ
Founded in 1992, Internet Initiative Japan Inc. is one of
Japan's leading Internet-access and comprehensive network solutions
providers. IIJ and its group companies provide total network
solutions that mainly cater to high-end corporate customers. The
company's services include high-quality systems
integration security services, Internet access, and cloud
computing. Moreover, the company has built one of the largest
Internet backbone networks in Japan that is connected to the United
States and the United Kingdom. IIJ listed on NASDAQ in 1999 and on
the First Section of the Tokyo Stock Exchange in 2006. For more
information about IIJ, visit the IIJ Web site at
http://www.iij.ad.jp/en/. The statements within this release
contain forward-looking statements about our future plans that
involve risk and uncertainty. These statements may differ
materially from actual future events or results. Readers are
referred to the documents furnished by Internet Initiative Japan
Inc. with the SEC, specifically the most recent reports on Forms
20-F and 6-K, which identify important risk factors that could
cause actual results to differ from those contained in the
forward-looking statements.
CONTACT: For inquiries, contact:
IIJ Investor Relations
Tel: +81-3-5259-6500 E-mail: ir@iij.ad.jp
URL: http://www.iij.ad.jp/en/ir
Internet Initiative Japan (PK) (USOTC:IIJIY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Internet Initiative Japan (PK) (USOTC:IIJIY)
Historical Stock Chart
From Jul 2023 to Jul 2024