Benext Group announces off-exchange secondary share offering

Benext Group (TSE:2154) announced an off-exchange secondary offering of its shares. The company intends to offer 1,700,000 shares at a price of JPY 1,758 per share, scheduled for September 2, 2025. The maximum purchase application quantity is 10,000 shares, with a trading unit of 100 shares. The transaction will be executed via the Tokyo Stock Exchange.

The primary objective of this offering is to enhance the liquidity of the company's shares. This initiative follows an expressed intention from a major shareholder to sell a certain quantity of shares, which Benext Group believes will contribute positively to its stock's market liquidity.

The calculation standard date for the offering was September 1, 2025, with a closing price of JPY 1,821. The offering includes a discount rate of 3.46%. The company also noted that the off-exchange secondary offering might be suspended or postponed if rapid fluctuations in the stock market make its execution difficult.