Tokyo, Japan July 15, 2016 LINE Corporation (the Company or LINE) announces that it has made a dual listing on the New York Stock Exchange (NYSE:LN) on July 14, 2016 (EDT) and the First Section of the Tokyo Stock Exchange (TSE:3938) on July 15, 2016 (JST). The Company wishes to take this opportunity to extend its sincere gratitude to all LINE users and business partners for their ongoing support of its business operations.
In just five years since the launch of its service on June 23, 2011, LINE has grown to become a mobile messaging application used by millions around the world, particularly in Japan, Thailand, Taiwan, and Indonesia.
LINE’s corporate mission is “CLOSING THE DISTANCE” by bringing people closer to each other as well as to a wide variety of information and services. The Company hopes that the main LINE application will serve as a gateway to a world where a vast array of information and services, both online and offline, are seamlessly connected, allowing everyday tasks to be completed via LINE.
LINE looks forward to many years of continued patronage and support from its valued users and business partners from all over the world.
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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 a 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.