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. (“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 Transfer | 3,182,919,470 shares (Shareholding ratio: 67.1%) |
| (2) Number of shares to be transferred | 240,000,000 shares (Shareholding ratio: 5.0%) |
| (3) Number of shares to be held after the Transfer | 2,942,919,470 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.
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