Notice of Change in Terms and Conditions of Tender Offer for Shares of a Subsidiary by Dai-ichi Life Holdings
Dream Incubator Inc. (hereafter, “DI”) announces that on December 19, 2022, Dai-ichi Life Holdings, Inc. (hereafter, “Tender Offeror”) announced changes to the terms and conditions of its tender offer for the common shares of ipet Holdings, Inc., a consolidated subsidiary of DI, commenced on November 8, 2022 (hereafter, “Tender Offer”) and submitted an Amendment Statement for the Tender Offer Registration Statement. As a result, the purchase period and commencement date of settlement for the Tender Offer were changed as outlined in 1 and 2 below, respectively.
If the Tender Offer is consummated, DI expects to record extraordinary gains of about 18.2 billion yen and 19.3 billion yen, respectively, on its consolidated and non-consolidated financial statements for the fiscal year ending March 31, 2023. These figures are unchanged from those disclosed in the “Notice Concerning Conclusion of Agreement on Tender Offer for Shares of a Subsidiary and Expected Extraordinary Income” dated November 7, 2022.
- Period of purchase
Tuesday, November 8, 2022–Tuesday, December 20, 2022 (30 business days)
Tuesday, November 8, 2022–Tuesday, January 10, 2023 (40 business days)
- Commencement date of settlement
Tuesday, December 27, 2022
Tuesday, January 17, 2023