Tokyo, Japan July 15, 2016 LINE Corporation announced today that, after obtaining the necessary legal and regulatory approvals, it has listed its American Depositary Shares (ADS) issued under the following sponsored American Depositary Receipt (ADR) program (Level 3) on the New York Stock Exchange (NYSE) on July 14, 2016 (EDT):
1. Type of ADR program: Sponsored ADR (Level 3)
2. Listing date: July 14, 2016 (EDT)
3. ADS ratio: Each ADS represents one share of common stock, no par value
4. U.S. Securities Code (CUSIP): 53567X 101
5. Ticker symbol: LN
6. Depositary bank: JPMorgan Chase Bank, N.A.
7. Custodian bank of underlying stock: Mizuho Bank, Ltd.
This press release has been prepared for the sole purpose of general public announcement, and not for the purpose of soliciting investment or engaging in any other similar activities within or outside Japan.
This press release does not constitute an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (“the Securities Act”). Any public offering of securities to be made in the United States will be made by means of an English prospectus prepared pursuant to the Securities Act, which may be obtained from LINE Corporation and will contain detailed information about the company and management, as well as financial statements. LINE Corporation has registered a part of the present offering in the United States.