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Number of Shares to be Transferred and Transfer Price for the Transfer of a Portion of Subsidiary (SoftBank Corp., Securities Code: 9434) Shares

SoftBank Group Corp.

SoftBank Group Corp. (“SBG”) announced today that, with respect to the transfer of common stock of its subsidiary SoftBank Corp. as announced in the “Transfer of a Portion of Subsidiary Shares” dated May 21, 2020, the number of shares to be transferred was 240,000,000 shares and the total transfer price was JPY 310.2 billion.

Number of shares to be transferred and number of shares indirectly held by SBG before/after the Transfer are as below.

(1) Number of shares held before the Transfer3,182,919,470 shares
(Shareholding ratio: 67.1%)
(2) Number of shares to be transferred240,000,000 shares
(Shareholding ratio: 5.0%)
(3) Number of shares to be held after the Transfer2,942,919,470 shares
(Shareholding ratio: 62.1%)
  • Shareholding ratios indicate the ratio of the number of shares to the total number of shares outstanding (excluding treasury stock) of 4,741,145,170 as of March 31, 2020, as disclosed by SoftBank Corp. at “Consolidated Financial Report for the Fiscal Year Ended March 31, 2020.”

There are no other supplements or changes to the details announced in the “Transfer of a Portion of Subsidiary Shares” dated May 21, 2020.

This press release does not constitute an offer of securities for sale in the United States. The SoftBank Corp. shares referred to above have not been, and will not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration thereunder or an applicable exemption from registration requirements. The shares will not be publicly offered or sold in the United States.

  • Releases, announcements, presentations and other information available from this page and elsewhere on this website were prepared based on information available and views held at the time of preparation and speak only as of the respective dates on which they are filed or used by SoftBank Group Corp. or the applicable group company, as the case may be. Such information is subject to change and may become out-of-date. Such information may also contain forward-looking statements which are by their nature subject to various risks and uncertainties that may cause actual results and future developments to differ materially from those expressed or implied by such statements. Please read legal notices in its entirety prior to viewing any information available on this website.

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