1. Calculation of Selling Price
| (1) |
Base Date for Calculation and
Price on Base Date |
Monday, June 12, 2017 |
1,037 yen |
|||
| (2) | Discount Rate |
20.44% |
||||
Note: Determined by taking into account market demand based on the tentative selling price (750 yen to 900 yen per share), which was determined on Wednesday, May 31, 2017, and other conditions.
2. Exercise Period of Green Shoe Option
| From Tuesday, June 20, 2017 to Tuesday, June 27, 2017 | |
3. Syndicate Cover Transaction Period
| From Thursday, June 15, 2017 to Tuesday, June 27, 2017 | |
About Renesas Electronics Corporation
Renesas Electronics Corporation ( TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live—securely and safely. As the number one global supplier of microcontrollers and a leader in Analog & Power and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Automation (OA) and Information Communication Technology (ICT) applications to help shape a limitless future. Learn more at renesas.com.
(FORWARD-LOOKING STATEMENTS)
The statements in this press release with respect to the plans,
strategies and forecasts of Renesas and its consolidated subsidiaries
(collectively “we”) are forward-looking statements involving risks and
uncertainties. Such forward-looking statements do not represent any
guarantee by management of future performance. In many cases, but not
all, we use such words as “aim,” “anticipate,” “believe,” “continue,”
“endeavor,” “estimate,” “expect,” “initiative,” “intend,” “may,” “plan,”
“potential,” “probability,” “project,” “risk,” “seek,” “should,”
“strive,” “target,” “will” and similar expressions to identify
forward-looking statements. You can also identify forward-looking
statements by discussions of strategy, plans or intentions. These
statements discuss future expectations, identify strategies, contain
projections of our results of operations or financial condition, or
state other forward-looking information based on our current
expectations, assumptions, estimates and projections about our business
and industry, our future business strategies and the environment in
which we will operate in the future. Known and unknown risks,
uncertainties and other factors could cause our actual results,
performance or achievements to differ materially from those contained or
implied in any forward-looking statement, including, but not limited to:
general economic conditions in our markets, which are primarily Japan,
North America, Asia and Europe; demand for, and competitive pricing
pressure on, our products and services in the marketplace; our ability
to continue to win acceptance of its products and services in these
highly competitive markets; and movements in currency exchange rates,
particularly the rate between the yen and the U.S. dollar. Among other
factors, a worsening of the world economy, a worsening of financial
conditions in the world markets, and a deterioration in the domestic and
overseas stock markets, would cause actual results to differ from the
projected results forecast.
