United Kingdom

Pocket Card Co Ltd (8519.T)

8519.T on Tokyo Stock Exchange

19 Jan 2018
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Thu, Dec 14 2017

BRIEF-Pocket Card to retire treasury shares

* Says it plans to retire 1.1 million shares (1.4 percent of outstanding) of its common stock on Feb. 5, 2018

BRIEF-R&I affirms Pocket Card's rating at "BBB" and says stable outlook-R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "BBB"-R&I

BRIEF-Itochu unit and FamilyMart unit to jointly acquire shares of Pocket Card via TOB

* Says a Tokyo-based wholly owned unit of Itochu Corp and a wholly owned unit of FamilyMart Co.,Ltd. plan to jointly acquire shares of the co via takeover bid in middle November, at the price of 1,072 yen per share

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