News Release


Notice Regarding Issuance of New Shares(1/1)

 

 

 

Sumitomo Mitsui Banking Corporation

 

 

Notice Regarding Issuance of New Shares

 

TOKYO, November 13, 2009 --- Sumitomo Mitsui Banking Corporation (“SMBC” President: Masayuki Oku) hereby announces that its board of directors has resolved to issue new shares of its common stock by way of third-party allotment to Sumitomo Mitsui Financial Group, Inc. (“SMFG”, in relation to the issuance of preferred securities through an overseas special purpose subsidiary of SMFG, as set forth below.


PARTICULARS

 

1Class and Number of Shares to be Offered

992,453 shares of common stock of SMBC

2Amount to be Paid

¥48,365 per share

3Total Amount to be Paid

¥47,999,989,345

4Amount of Stated Capital and Additional Paid-in Capital
to be Increased

The amount of stated capital to be increased: ¥23,999,994,673
The amount of additional paid-in capital to be increased:¥23,999,994,672

5Subscription Period

November 25, 2009 (Wed.)

6Payment Date

November 26, 2009 (Thurs.)

7Allottee

SMFG in its entirety by way of third-party allotment

8Shares not subscribed within the subscription period in (5) above shall not be issued.

9Any other matters necessary for the issuance of new shares by way of third-party allotment shall be determined at the discretion of a Representative Director of SMBC.

10The issuance of new shares by way of third-party allotment shall be subject to the effectiveness of their registration under the Financial Instruments and Exchange Act of Japan.

SMFG intends to use part of the proceeds from the issuance of the preferred securities, which was resolved at its board of directors meeting held on August 24, 2009, to purchase shares of common stock to be issued by way of third-party allotment as described above.

 


Reference

1. Change in the number of issued shares as a result of this issuance of new shares by way of third-party allotment

(1) Total number of issued shares at present
(as of November 13, 2009):

Common Stock          Type 6 Preferred Stock

85,239,932 shares 

70,001 shares

 

Total:

85,309,933 shares

(2) Increase in number of shares by way of third-party allotment:

Common Stock

992,453 shares

(3) Total number of issued shares after the third-party allotment:

Common Stock
Type 6 Preferred Stock

86,232,385 shares

70,001 shares

 

Total:

86,302,386 shares

 

2. Use of proceeds

The estimated proceeds from the third-party allotment of ¥47,831,989,345 are planned to be used for general corporate purposes.

 

3. Outline of the company to which the new shares are to be allocated

(as of November 13, 2009)

Company name:

SMFG

Head office address:

1-2, Yurakucho 1-chome, Chiyoda-ku, Tokyo, Japan

Amount of Stated Capital:

¥1,851,389 million

Representative:

President: Teisuke Kitayama

Business description:

Bank holding company

Capital relationship with SMBC:

SMBC’s parent company (share ownership 100%)

 

 

This press release has been prepared for the sole purpose of publicly announcing SMBC's issuance of its new shares, and not for the purpose of soliciting investment or any other similar activities within or outside Japan. This press release is not an offer of securities for sale within or outside Japan. The securities referred to above have not been, and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act"). The securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act.

 




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