Download GREE Announces Expected Gain on Sale of Investment Securities

GREE Announces Expected Gain on Sale of Investment Securities
TOKYO, Japan—November 14, 2014—GREE, Inc.(“GREE”) announces today that it has decided
to participate as one of the sellers in a secondary offering of common shares to be conducted by
gumi Inc. (“gumi”) and to sell a portion of gumi shares held by GREE as gumi has been approved
for listing on the Tokyo Stock Exchange.
1. Outline of secondary offering
1.
2.
Investment securities
GREE provides for sale
Number of shares
GREE provides for sale
3.
Offering price
4.
Delivery date
Common shares of gumi
2,350,000 shares
TBD (same as the issued price decided by gumi on
December 9, 2014)
December 18, 2014
2. Change in shareholding
Number of shares held by
1.
GREE before the
secondary offering
Number of shares held by
2.
GREE after the secondary
offering
3,635,000 shares
(percentage of voting rights: 13.38%)
1,285,000 shares
(percentage of voting rights: 4.22% ~ 4.48%)
Note: The percentage of voting rights may vary by exercise of over-allotment option
3. Future outlook
The gain on sale of common shares of gumi is expected to be recorded as an extraordinary
gain for the second quarter of the fiscal year ending June 30, 2015 (October 1, 2014 to
December 31, 2014). A follow-up notice will be released by GREE once the impact amount on
financial results is confirmed.
For inquiries, please contact the IR team at [email protected]