Press release
Nov 22, 2017

Sosei Announces Fixed Number of New Shares


Tokyo, Japan – 22 November 2017: Sosei Group Corporation ("Sosei"; TSE Mothers Index: 4565) today announces that, in connection with the offering of the shares in Sosei outside of Japan, provided that in the U.S. the shares shall be offered or sold only to Qualified Institutional Buyers as defined in Rule 144A under the U.S. Securities Act of 1933 ("International Offering"), which was resolved at the meeting of its Board of Directors held on 10 November 2017, 270,000 shares will be issued upon the exercise of the option to purchase the additionally-issued shares by the underwriters.

<For Reference>

1. Number of Shares to be Offered

2,070,000 shares of common stock of Sosei, which is the sum of (i) and (ii) below.

(i) 1,800,000 new shares to be purchased and underwritten by the underwriters.

(ii) 270,000 new shares to be issued upon the exercise of the option to purchase the additionally-issued shares granted to the underwriters.

2. Change in the Number of Shares Issued as a Result of Issuance of New Shares

                                                                                                                         (shares)

Total number of shares issued (as of 7 November 2017)                              16,979,984

Increase in number of shares as a result of the International Offering            2,070,000

Total in number of shares issued after the International Offering                   19,049,984 


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