15 May 2001
Company:
Information Services International - Dentsu, Ltd. (ISID)
Representative: Jutaro Takinami, President & CEO
(Code: 4812, TSE, 1st Section)
Contact: Yutaka Kimura, Senior Executive Director
(Tel.: 03-3228-6160)
Announcement Regarding Stock Split (Free Issue)
At the meeting of the board of directors held on May 15, 2001, ISID resolved to undertake a stock split (free stock issue). Details are as follows:
1. ISID is to split each ordinary par value share into 1.1 ordinary par value shares as of Monday, August 20, 2001.
(1) Increase in number of shares resulting from split
1,481,420 ordinary par value shares
(2) Method of split
For all shareholders listed in the list of shareholders and beneficial shareholders as of Saturday, June 30, 2001 (effectively Friday, June 29, 2001 as the transfer agent is closed on June 30), each share is to be split into 1.1 shares. Fractional shares resulting from the split are to be sold en bloc, with the proceeds to be distributed among the shareholders for whom fractional shares resulted based on the magnitude of the relevant fractions.
2.Date from which dividend is to be calculated: April 1, 2001
3. Other matters relating to this split are to be determined at a future meeting of the board of directors.
[Reference]
Number of outstanding shares:
- Number of outstanding shares as of June 30, 2001 (pre-split): 14,814,200
- Number of new shares resulting from split: 1,481,420
- Number of outstanding shares following split: 16,295,620
Please note that split will have no impact on the amount of shareholders' equity.
