Home » Roland DG to Go Private, Delist from Tokyo Stock Exchange

Roland DG to Go Private, Delist from Tokyo Stock Exchange

Shares to be Delisted on September 3, 2024

by Staff

SHIZUOKA | JapanAugust 2024: Roland DG Corporation (TOKYO: 6789)  announced that it will be delisted from the Tokyo Stock Exchange (TSE) Prime Market and will become a private company. This decision follows the approval of a share consolidation and the abolition of the provision on share units at the company’s Extraordinary Shareholders’ Meeting.

As a result of the share consolidation, Roland DG’s common stock will no longer meet the listing criteria of the TSE. The company’s shares will be delisted on September 3, 2024.

The decision to go private is part of a management buyout (MBO) led by Taiyo Pacific Partners. This move aims to enhance management efficiency and flexibility, allowing Roland DG to focus on its long-term growth strategy.

Following the delisting, Roland DG will continue to operate under its current name and management. The company will be acquired by a subsidiary of Taiyo Pacific Partners through a tender offer.

www.rolanddg.com

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