AOKI Holdings Announces Notice of Confirmation of Number of Shares of Treasury Stock for Disposal Through Third-Party Allotment

  AOKI Holdings Announces Notice of Confirmation of Number of Shares of
  Treasury Stock for Disposal Through Third-Party Allotment

   Regarding the disposal of treasury stock by way of third-party allotment

Business Wire

YOKOHAMA, Japan -- March 20, 2014

AOKI Holdings Inc. (TOKYO:8214)(ISIN:JP3105400000) hereby serves notice that
the allottee has submitted notice of its intent to subscribe for the purchase
of all shares planned to be offered. This third-party allotment was approved
by the Board of Directors on February 17, 2014 at the same time as the
disposal of treasury stock by way of offering (the public offering) and
secondary offering of stock (secondary offering by way of overallotment) were
approved.

                                           
    (1)   Number of shares to be sold                    1,050,000 shares
                                               (Planned number of shares to be
                                               sold:
                                               1,050,000 shares)
    (2)   Total amount to be paid                        1,483,860,000 yen
                                               (1,413.20 yen per share)
    (3)   Subscription period (subscription        Monday, March 24, 2014
          date)
                                               
    (4)   Payment date                              Tuesday, March 25, 2014


  Reference
       The above third-party allotment was approved by the Board of Directors
       on February 17, 2014 at the same time as the disposal of treasury stock
       by way of offering (the public offering) and secondary offering of
       stock (secondary offering by way of overallotment) were approved.
  1. 
       For more details concerning the third-party allotment, please refer to
       the press releases “Disposal of Treasury Stock and Secondary Offering
       of Stock” dated February 17, 2014 and “Determination of Disposal Price,
       Selling Price and Other Matters” dated February 25, 2014.
       
  2.   The third-party allotment will result in the following change in
       treasury stock
              Number of shares of                              shares (as of
             treasury stock at            1,115,090         March 19, 2014)
              present
              Number of shares to be
             sold through the              1,050,000          shares
              third-party allotment
              Number of shares of
              treasury stock after          65,090             shares
              the
              third-party allotment
       
  3.   Use of proceeds from the third-party allotment
       Estimated net proceeds are 1,482,360,000 yen for the third-party
       allotment and 9,882,900,000 yen for the public offering, which was
       approved by the Board of Directors on the same day, resulting in total
       estimated net proceeds of 11,365,260,000 yen. Of this amount, 11,300
       million yen will be used for the AOKI Group’s capital expenditures
       between now and March 2015. The remainder is to be used for part of the
       repayment of a loan due in September 2014 that was taken out in
       association with ANNIVERSAIRE MINATO MIRAI YOKOHAMA that started
       operations in February 2014.
       In the Fashion Business, the Group plans to make capital expenditures
       of 4,432 million yen to open 62 stores, 1,406 million yen to refurbish
       72 stores (including one store to be rebuilt), and 498 million yen for
       an IT system for the centralized processing of operating data. In the
       ANNIVERSAIRE and Bridal Business, the Group plans to make capital
       expenditures of 634 million yen for the renovation of nine locations.
       In the Karaoke Facility Operations Business, the Group plans to make
       capital expenditures of 1,308 million yen for 16 new locations and 457
       million yen to refurbish 15 locations. In the Café Complex Operations
       Business, the Group plans to make capital expenditures of 2,344 million
       yen for 36 new locations and 221 million yen to refurbish 14 locations.
       Please refer to “Disposal of Treasury Stock and Secondary Offering of
       Stock” released on February 17, 2014 for the details of the facilities
       in which the intended capital expenditures will be made.
       

Notice of Confirmation of Number of Shares of Treasury Stock for Disposal
Through Third-party Allotment, summarized below. Complete details are
available at http://ir.aoki-hd.co.jp/en/Top.html.

Note: The original disclosure in Japanese was released on March 20, 2014 at
15:00 (GMT +9).

About AOKI Group

As a corporate group that continues to break the mold and innovate, the AOKI
Group has worked to meet the needs of customers in a variety of life scenes.
This has led to our expansion into new markets, including the bridal and
entertainment businesses.

Contact:

AOKI Holdings Inc.
Yumiko Kawai, +81-45-941-1388
Investor/Public Relations Department
kawai.yumiko@aoki-hd.co.jp
 
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