Eneos Holdings (TYO:5020) plans to raise 438.65 billion yen through a secondary offering of 534.9 million shares in its subsidiary JX Advanced Metals Corp. (JXAM), according to a Monday filing on the Tokyo Stock Exchange.
The share sale includes 304.7 million shares in a domestic offering and 160.5 million shares in an international offering, priced at 820 yen each.
An additional 69.8 million shares may be sold through an over-allotment option, which could increase the total net proceeds to 420.22 billion yen if exercised.
Following the sale, Eneos' stake in JXAM will drop to 42.4% from 100%, shifting JXAM's status from a consolidated subsidiary to an equity-method affiliate.
Eneos shares fell over 4% in morning trade Tuesday.
Price (JPY): $765.50, Change: $-34, Percent Change: -4.30%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。