TOKYO, Japan, April 23, 2018 ― Renesas Electronics Corporation (TSE:6723, “Renesas”) announced that, with respect to the secondary offering of shares of common stock of Renesas announced on April 3 and 18, 2018, the number of shares to be purchased and sold as a result of the exercise of the option granted to the international underwriters in the International Secondary Offering for purchase of additional shares of common stock of Renesas has been determined as set forth below.
| Number of shares to be purchased and sold as a result of the exercise of the option granted to the international underwriters in the International Secondary Offering for purchase of additional shares of common stock of Renesas: | 28,164,700 shares |
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Number of shares to be sold in the secondary offering of shares of Renesas (Japanese Secondary Offering by way of Underwriting and Purchase and International Secondary Offering)
| (1) | Class and Number of Shares to be Sold | 262,870,800 shares of common stock of Renesas, which is the sum of (i) through (iii) below.
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| (2) | Sellers and Number of Shares to be Sold |
(i) Shares to be underwritten and purchased by the Japanese underwriters in the Japanese Secondary Offering by way of Underwriting and Purchase as described in (1)(i) above:
(ii) Shares to be underwritten and purchased by the international underwriters in the International Secondary Offering as described in (1)(ii) above:
(iii) Shares subject to the option granted to the international underwriters in the International Secondary Offering for purchase of additional shares of common stock of Renesas as described in (1)(iii) above:
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Note: This press release has been prepared for the purpose of announcing to the public certain matters relating to the secondary offering of shares of Renesas Electronics Corporation, and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan. Investors should review the prospectus, as well as amendments thereto (if any), prepared by Renesas prior to making any investment decisions in Japan, and should make such decisions at their own discretion. In addition, this press release does not constitute an offer or sale of securities in the United States. The securities referred to above have not been, and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”). The securities may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. The securities referred to above will not be publicly offered or sold in the United States.
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. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future. Learn more at renesas.com. Follow us on LinkedIn, Facebook, Twitter, and YouTube.
(FORWARD-LOOKING STATEMENTS)
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