Seino Holdings adjusts conversion price for 2026 convertible bonds

Seino Holdings Co., Ltd. (TSE:9076) announced an adjustment to the conversion price of its Zero Coupon Convertible Bonds due 2026, effective April 1, 2025. The conversion price has been revised from JPY2,024.0 to JPY1,972.1. This adjustment follows the approval of a year-end dividend payment of JPY59 per share at the company's general meeting of shareholders on June 26, 2025. The adjustment is made in accordance with Condition 5.2.4 of the terms and conditions of the Bonds, triggered by the extraordinary dividend distribution.