May16,2024
Kobe Steel, Ltd.
Kobe Steel, Ltd. (the “Company”) hereby announces the adjustment of the conversion price for its デュエルビッツ 出金vertible Bonds due 2028 and デュエルビッツ 出金vertible Bonds Due 2030 (the “Bonds”).
| Name of issue | Conversion Price prior to the adjustment |
Conversion Price after the adjustment |
|---|---|---|
| デュエルビッツ 出金vertible Bonds due 2028 | ¥2,456.0 | ¥2,401.6 |
| デュエルビッツ 出金vertible Bonds due 2030 | ¥2,349.5 | ¥2,297.4 |
As of 1 April 2024
デュエルビッツ 出金nversion Price pursuant to Condition 5.2.4 of the terms and conditions of the Bonds due to the payment of an Extraordinary Dividend (as defined in such Condition 5.2.4), resulting from the payment of a dividend of ¥45 per Share. The payment of such dividend was approved at the meeting of the board of directors of the Company on 16 May 2024.
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