(Addition) Announcement on Changes to Subsidiary
Tokyo Electron Limited (TEL) announces that the following additional information concerning the sale amount for shares of Tokyo Electron Device Limited (TED), a TEL consolidated subsidiary, announced in the March 26, 2014 press release “Announcement on Changes to Subsidiary.”
| Sale amount for shares of TED | 2,731,196,000 yen |
Note:
1. TEL sold 636,000 shares of TED for 1,352 yen per share (for a total sale amount of 859,872,000 yen) on April 1, 2014 pursuant to a share repurchase by TED.
2. A decision was made today that the sale price per share with regard to the sale of 1,484,000 shares of TED stock with TEL as the selling shareholder (sale through an underwritten offering) will be 1,261 yen (for a total sale amount of 1,871,324,000 yen). As announced in the March 26, 2014 press release “Announcement of Changes to Subsidiary,” the number of shares to be sold pursuant to this sale is the 2,120,000 shares planned to be sold less the shares subject to the repurchase referenced in Note 1.
(For reference)
1. Voting rights (number of shares held) and proportion of voting rights of all shareholders before and after change
| Status | Number of voting rights (number of shares held) |
Proportion of voting rights of all shareholders |
|
| Before change (as of April 7, 2014) |
Consolidated subsidiary | 52,393 （5,239,300 shares） |
52.58％ |
| After change | Equity method affiliate | 37,553 （3,755,300 shares） |
37.68％ |
Note:
1. The proportion of voting rights of all shareholders was calculated on the basis of 99,640 voting rights, being the result of taking 6,360 voting rights which was reduced owing to 636,000 shares of the share repurchase by TED from 106,000 voting rights of all shareholders as of September 30, 2013.
2. The proportion of voting rights of all shareholders was truncated to two decimal places.
3. With respect to the underwritten offering, exercise of the Green Shoe Option may further reduce the number of voting rights (number of shares held) by a maximum of 2,226 (222,600 shares) after the change.
2. Planned change date
April 15, 2014 (Delivery date of shares in TED relating to the sale of the shares)
Note: This document serves as a press release for the purpose of making public announcements related to changes to TEL's subsidiary. It has not been produced for the purpose of soliciting investment in any sale of TED shares.
