News Releases


Notice of Additional Disclosure and Partial Amendment Regarding ブックメーカーjリーグ Tender Offer for Shares of Promise by Sumitomo Mitsui Banking Corporation(1/1)


 

 October 18, 2011

 

Sumitomo Mitsui Financial Group, Inc.

(Code: 8316)

Sumitomo Mitsui Banking Corporation

 

Notice of Additional Disclosure and Partial Amendment
Regarding ブックメーカーjリーグ Tender Offer for Shares of Promise
by Sumitomo Mitsui Banking Corporation

 

Sumitomo Mitsui Banking Corporation (President: Takeshi Kunibe; ブックメーカーjリーグ “Tender Offeror”), a wholly-owned subsidiary of Sumitomo Mitsui Financial Group, Inc. (President: Koichi Miyata; “SMFG”), has announced in ブックメーカーjリーグ “Notice Regarding Commencement of ブックメーカーjリーグ Tender Offer for Shares of Promise by Sumitomo Mitsui Banking Corporation and Subscription by Sumitomo Mitsui Financial Group or Sumitomo Mitsui Banking Corporation for New Shares Issued by Promise by Way of Third-Party Allotment” dated September 30, 2011 that it will acquire ブックメーカーjリーグ shares of common stock and other equity securities of Promise Co., Ltd. (President and Representative Director: Ken Kubo; Tokyo Stock Exchange First Section: 8574; ブックメーカーjリーグ “Target”), an equity-method affiliate of SMFG and ブックメーカーjリーグ Tender Offeror, by way of a tender offer (ブックメーカーjリーグ “Tender Offer”). ブックメーカーjリーグ Tender Offeror hereby announces that it has commenced ブックメーカーjリーグ Tender Offer from October 18, 2011 as scheduled.

In addition, following ブックメーカーjリーグ confirmation of ブックメーカーjリーグ “Number of Voting Rights Represented by Share Certificates, Etc. Heldby Special Related Parties beforeブックメーカーjリーグ Tender Offer” in “II. Tender Offer -2. Overview of Purchase, etc.- (6) Changes in Ownership Percentage of Share Certificates, Etc. as a Result of Tender Offer” of ブックメーカーjリーグ “Notice Regarding Commencement of ブックメーカーjリーグ Tender Offer for Shares of Promise by Sumitomo Mitsui Banking Corporation and Subscription by Sumitomo Mitsui Financial Group or Sumitomo Mitsui Banking Corporation for New Shares Issued by Promise by Way of Third-Party Allotment”, which was not confirmed at ブックメーカーjリーグ time of ブックメーカーjリーグ announcement, ブックメーカーjリーグ Tender Offeror hereby amends ブックメーカーjリーグ announcement as follows:

 

ブックメーカーjリーグ amended parts are shown with underlining. Further, ブックメーカーjリーグ “present” in II. Tender Offer -2. Overview of Purchase, etc.- (6) Changes in Ownership Percentage of Share Certificates, Etc. as a Result of Tender Offer” before ブックメーカーjリーグ amendment refers to September 30, 2011.

 

II. Tender Offer

2. Overview of Purchase, etc.

(6) Changes in Ownership Percentage of Share Certificates, Etc. as a Result of Tender Offer”

(Before Amendment)

 

Number of Voting Rights Represented by Share Certificates, Etc. Held by ブックメーカーjリーグ Tender Offeror beforeブックメーカーjリーグ Tender Offer

558,535units

(Ownership Percentage of Share Certificates, Etc. before ブックメーカーjリーグ Tender Offer : 19.69 %)

Number of Voting Rights Represented by Share Certificates, Etc. Heldby Special Related Parties beforeブックメーカーjリーグ Tender Offer

Not confirmed yet

(Ownership Percentage of Share Certificates, Etc.  before ブックメーカーjリーグ Tender Offer : Not confirmed yet)

Number of Voting Rights Represented by Share Certificates, Etc. Scheduled to be Purchased

2,277,820units

(Ownership Percentage of

SharesCertificates, Etc. after ブックメーカーjリーグ Tender Offer : 100.00 %)

TotalNumber of Voting Rights of Shareholders, Etc. of ブックメーカーjリーグ Target

2,535,922units

 

 

(omitted)

(Note 2) ブックメーカーjリーグ “Number of Voting Rights Represented by Share Certificates, Etc. Held by Special Related Parties before ブックメーカーjリーグ Tender Offer” is not confirmed at present, but will be examined and is scheduled to be disclosed by October 18, 2011, which is ブックメーカーjリーグ commencement date of ブックメーカーjリーグ Tender Offer.  Further, “Number of Voting Rights Represented by Share Certificates, Etc. Held by Special Related Parties before ブックメーカーjリーグ Tender Offer” will not be added for ブックメーカーjリーグ purpose of calculating ブックメーカーjリーグ “Ownership Percentage of Share Certificates, Etc. after ブックメーカーjリーグ Tender Offer”, because ブックメーカーjリーグ share certificates, etc. held by special related parties may be purchased in ブックメーカーjリーグ Tender Offer.

(omitted)

 

(After Amendment)

Number of Voting Rights Represented by Share Certificates, Etc. Held by ブックメーカーjリーグ Tender Offeror beforeブックメーカーjリーグ Tender Offer

558,535units

(Ownership Percentage of Share Certificates, Etc. before ブックメーカーjリーグ Tender Offer : 19.69 %)

Number of Voting Rights Represented by Share Certificates, Etc. Heldby Special Related Parties beforeブックメーカーjリーグ Tender Offer

0 unit

(Ownership Percentage of Share Certificates, Etc.  before ブックメーカーjリーグ Tender Offer : 0.00)

Number of Voting Rights Represented by Share Certificates, Etc. Scheduled to be Purchased

2,277,820units

(Ownership Percentage of

SharesCertificates, Etc. after ブックメーカーjリーグ Tender Offer : 100.00 %)

TotalNumber of Voting Rights of Shareholders, Etc. of ブックメーカーjリーグ Target

2,535,922units

 

 

(omitted)

(Note 2) ブックメーカーjリーグ “Number of Voting Rights Represented by Share Certificates, Etc. Held by Special Related Parties before ブックメーカーjリーグ Tender Offer” is ブックメーカーjリーグ total number of voting rights related to ブックメーカーjリーグ Number of Shares owned by Special Related Parties (except for ブックメーカーjリーグ Target and Special Related Parties who are excluded from Special Related Parties in relation to ブックメーカーjリーグ calculation of ブックメーカーjリーグ Ownership Percentage in each item of Article 27-2, Paragraph 1, of ブックメーカーjリーグ Act in accordance with Article 3, Paragraph 2, Item 1 of Cabinet Office Ordinance on ブックメーカーjリーグ Disclosure of Takeover Bids by Non-issuers (Ordinance of ブックメーカーjリーグ Ministry of Finance No. 38 of 1990 including any subsequent amendments thereto)).

(omitted)

 

 

End


 

Precaution Statement 

 

*            This press release contains forward-looking statements (as defined in ブックメーカーjリーグ U.S. Private Securities Litigation Reform Act of 1995), regarding ブックメーカーjリーグ intent, belief or current expectations of SMFG and its management with respect to SMFGs future financial condition and results of operations. In many cases but not all, these statements contain words such as anticipate, estimate, expect, intend, may, plan, probability, risk, project, should, seek, target and similar expressions. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ from those expressed in or implied by such forward-looking statements contained or deemed to be contained herein. ブックメーカーjリーグ risks and uncertainties which may affect future performance include ブックメーカーjリーグ fragility of any economic recovery, both globally and in Japan; SMFGs ability to successfully implement its business and capital strategy; ブックメーカーjリーグ success of our business alliances including those in ブックメーカーjリーグ consumer finance industry; exposure to new risks as we expand ブックメーカーjリーグ scope of our business; significant credit-related costs; declines in ブックメーカーjリーグ value of SMFGs securities portfolio. Given these and other risks and uncertainties, you should not place undue reliance on forward-looking statements, which speak only as of ブックメーカーjリーグ date of this press release. SMFG undertakes no obligation to update or revise any forward-looking statements. Please refer to our most recent disclosure press releases such as our annual report or ブックメーカーjリーグ registration statement on Form 20-F filed with ブックメーカーjリーグ U.S. Securities and Exchange Commission, as well as our earnings press release for a more detailed description of ブックメーカーjリーグ risks and uncertainties that may affect our financial conditions, our operating results, and investorsdecisions.

*         ブックメーカーjリーグ transactions are made for ブックメーカーjリーグ securities of ブックメーカーjリーグ Target by ブックメーカーjリーグ Tender Offeror, both of which are Japanese companies. It may be difficult for you to enforce your rights and any claim you may have arising under ブックメーカーjリーグ U.S. federal securities laws in respect of ブックメーカーjリーグ Tender Offer, since ブックメーカーjリーグ Tender Offeror and ブックメーカーjリーグ Target are located in Japan and all of their officers and directors are residents of Japan. You may not be able to sue ブックメーカーjリーグ Tender Offeror and ブックメーカーjリーグ Target or their officers or directors in a Japanese court for violations of ブックメーカーjリーグ U.S. securities laws. Finally, it may be difficult to compel ブックメーカーjリーグ Tender Offeror and ブックメーカーjリーグ Target and their affiliates to subject themselves to a U.S.courts judgment.

*         ブックメーカーjリーグ Tender Offer is to be conducted in accordance with ブックメーカーjリーグ procedures and information disclosure standards prescribed in ブックメーカーjリーグ Financial Instruments and Exchange Act. However, these procedures and standards are not necessarily ブックメーカーjリーグ same as ブックメーカーjリーグ corresponding procedures and standards in ブックメーカーjリーグ United States.  In particular, Section 13(e) or Section 14(d) of ブックメーカーjリーグ U.S. Securities Exchange Act of 1934, as amended, and ブックメーカーjリーグ rules prescribed thereunder do not apply to ブックメーカーjリーグ Tender Offer, and ブックメーカーjリーグ Tender Offer does not conform to those procedures and standards.

*         ブックメーカーjリーグ financial advisors to ブックメーカーjリーグ Tender Offeror and ブックメーカーjリーグ Target, ブックメーカーjリーグ Tender Offer agent and ブックメーカーjリーグ Tender Offeror (including their respective affiliates), in ブックメーカーjリーグ ordinary course of their secondary trading businesses, may engage during ブックメーカーjリーグ Tender Offer Period in ブックメーカーjリーグ purchase and sale of shares or stock acquisitions rights of ブックメーカーjリーグ Target for their own account or for their customers accounts to ブックメーカーjリーグ extent permitted under Japanese and U.S. securities laws and regulations.

*         This press release is for public announcement of ブックメーカーjリーグ matters in relation to ブックメーカーjリーグ Tender Offer for share certificates of ブックメーカーjリーグ Target by ブックメーカーjリーグ Tender Offeror, and it has not been prepared for ブックメーカーjリーグ purpose of soliciting offers to sell, or offering to purchase, share certificates or other securities of Promise in connection with ブックメーカーjリーグ Tender Offer. If you would like to offer your shares for sale in ブックメーカーjリーグ Tender Offer, please ensure that you review ブックメーカーjリーグ Tender Offer Explanatory Statement prepared by ブックメーカーjリーグ Tender Offeror prior to offering your shares for sale and make ブックメーカーjリーグ offer at your own discretion. 

*         This press release shall neither be, nor constitute a part of, an offer to sell or a solicitation thereof or a solicitation of an offer to purchase, any securities. Moreover, neither this press release (or any part thereof) nor ブックメーカーjリーグ distribution thereof shall not be interpreted to be ブックメーカーjリーグ basis of any agreement in relation to ブックメーカーjリーグ Tender Offer, nor otherwise be relied on at ブックメーカーjリーグ time any such agreement is concluded.

*         Since there may be some nations or regions that legally restrict or limit ブックメーカーjリーグ announcement, issuance or distribution of this press release, you are requested to take note of those restrictions or limitations and comply with any and all laws and regulations of such nations or regions. In nations or regions where ブックメーカーjリーグ implementation of ブックメーカーjリーグ Tender Offer is illegal, neither your receipt of this press release nor its translation shall be deemed as a solicitation of an offer to sell or an offer to purchase, ブックメーカーjリーグ shares in connection with ブックメーカーjリーグ Tender Offer, but shall be deemed as receipt of information distributed for reference purposes.

*         All ブックメーカーjリーグ procedures for ブックメーカーjリーグ Tender Offer will be conducted in Japanese, unless provided for otherwise. All or part of ブックメーカーjリーグ documents for ブックメーカーjリーグ Tender Offer will be prepared in English; provided, however, that, if any discrepancy arises between English documents and Japanese documents, Japanese documents shall prevail.

 

 

 

 

 

 





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