UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the Month of May, 2015
Commission File Number: 1-6784
Panasonic Corporation
1006, Oaza Kadoma,
Kadoma City, Osaka 571-8501
Japan
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(7):
1. | News release issued on May 15, 2015, by Panasonic Corporation (the registrant), announcing shelf registration of stock acquisition rights. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Panasonic Corporation | ||
By: | /s/ HIROHISA IKUTOMI | |
Hirohisa Ikutomi, Attorney-in-Fact | ||
Manager of Disclosure & Investor Relations Office, Disclosure Section, | ||
Panasonic Corporation |
Dated: May 18, 2015
FOR IMMEDIATE RELEASE
Media Contacts: | Investor Relations Contacts: | |
Chieko Gyobu (Japan) | Yukie Takakuwa (Japan) | |
Public Relations Department | Disclosure & Investor Relations Office | |
(Tel: +81-3-3574-5664) | (Tel: +81-6-6908-1121) | |
Panasonic News Bureau (Japan) | Yuko Iwatsu (U.S.) | |
(Tel: +81-3-3542-6205) | (Tel: +1-201-348-7000) | |
Jim Reilly (U.S.) | Hiroko Carvell (Europe) | |
(Tel: +1-201-392-6067) | (Tel: +44-20-3008-6887) | |
Anne Guennewig (Europe) | ||
(Tel: +49-611-235-457) |
Panasonic Announces Shelf Registration of Stock Acquisition Rights
Osaka, Japan, May 15, 2015 Panasonic Corporation ([TSE:6752] Panasonic) today announced to file a shelf registration statement with the Japanese regulatory authorities for possible issues of stock acquisition rights.
Details are as follows:
1. Type of Securities |
: | Stock acquisition rights | ||
2. Issuable period |
: | 2 years from the effective date of the shelf registration of stock acquisition rights (from May 23, 2015 to May 22, 2017) | ||
3. Method of offering |
: | Rights offering to shareholders | ||
4. Issuable amount |
: | 5.0 billion yen | ||
(Issuable amount is the total amount to be paid upon exercise of all stock acquisition rights. The issue price of a stock acquisition right is zero yen.) |
As announced in a separate press release issued on April 28, 2015 Panasonic Announces Continuation of Policy toward Large-scale Purchases of Companys Shares [ESV* Plan], Panasonics Board of Directors decided to continue the ESV Plan, which was originally adopted and announced on April 28, 2005 and the continuation thereof has been subsequently approved by the Board of Directors and announced each year thereafter as Panasonic has maintained the basic policy.
- 2 -
The ESV Plan outlines the rules regarding large-scale purchases of Panasonic shares, and in certain cases, such as non-compliance with these rules, Panasonic may implement certain countermeasures. The issuance of stock acquisition rights is one possible countermeasure in such cases. As the shelf registration that we filed on May 15, 2013 will expire on May 22, 2015, Panasonic is again filing the shelf registration statement as set forth above, which will enable Panasonic to promptly issue stock acquisition rights if it deems necessary. For further details of the ESV plan, refer to the aforementioned separate press release on April 28, 2015, on the Companys homepage (URL http://www.panasonic.com/global/corporate/ir/relevant/).
* | ESV stands for Enhancement of Shareholder Value. |
# # #