On the 13th, Nisso <1444> announced at a board meeting held the same day that it had resolved to apply for a public tender offer for the stocks of Anjō Construction <1439> that the company holds in response to a public purchase by Sera Corporation, and it is expected to recognize special profits from the sale of affiliated company stocks in the fiscal year ending July 2025.
As a result of examining the contents of this public tender offer, the company decided to apply for it, determining that the purchase price and other conditions are reasonable and that the board of directors of Anjō Construction has expressed its agreement. The number of shares to be applied for is 282,000 shares, resulting in zero shares owned after the application. The expected purchase price per share for this public tender offer is 2,150 yen for common stock (total expected sales amount of 606,300,000 yen). The public tender offer period is from November 8, 2024, to December 19, 2024, with the settlement start date on December 26, 2024.
If this public tender offer is completed at the expected price and the company sells all its shares of Anjō Construction, it is expected to recognize special profits of 268,349 thousand yen in the consolidated financial statements for the fiscal year ending July 2025.
