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Information Services International-Dentsu, Ltd.(ISID)
Jutaro Takinami, President and CEO
(Code : 4812 TSE)
Contact:Yutaka Kimura, Senior Executive Director
(TEL : 03-3228-6160)
Change in Holdings of One of the Major Shareholders
Information Services International - Dentsu, Ltd. (ISID) hereby announces
that there has been a change in the number of shares held by one of its
major shareholders as follows.
1.Name and other information of the subject
major shareholder:
Name:GEIS Holdings, Inc.
Representative Executive: Jean-Jacques Charon, President
Address:100 Edison Park Drive, Gaithersburg MD 20878, U.S.A.
Main business:Management of GE Information Services, Inc. group companies
2.The number of shares held by the subject major
shareholder before and after the change, and corresponding ratios to total
shares outstanding:
(1) The number of shares held by the subject shareholder
Before Change: 1,705,820 shares
After Change: 1,475,820 shares
(2) The corresponding ratios to total shares outstanding
Before Change: 11.51%
After Change: 9.96%
3. Reason of the change:
The subject shareholder sold a portion of its holding shares for the
reason of its cash requirement to expand the new business.
4. Date of the change in holdings:
March 2, 2001
5. Total outstanding shares issued by ISID and
its total capital as at March 2, 2001:
Total outstanding shares issued : 14,814,200 shares
Total capital : 8,180,500,000 yen
6. Effect on the business:
There is no effect on ISID's partnership with the subject shareholder
and its business.
Remarks: Due to the change, the subject shareholder is now not
the major shareholder.
[Remarks about this press release]
In case where the information contained in these documents falls within
the definition of "Material Information" under the Securities
and Exchange Law of Japan, Article 166, Paragraph 2, if you read these documents
before the time of "Publication" (which is defined under the Securities
and Exchange Law of Japan and the Enforcement Ordinance, Article 30, as
twelve hours after release; i.e. approximately 5:00 a.m. on March 3, 2001
[JST]), you and other persons who come to know the contents of these documents
may be prohibited from purchasing, selling or making other transactions
of
ISID's stocks or other securities before the time of Publication. |
- |(C)Copyright:2000
ISID, LTD. All Rights Reserved |
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