TRANSLATIOTON FOR REF
FERENCE ONLY
OFebruary 12, 2016
6For
F Immedia
ate Release
Comppany Name
Repre
esentative
Inquiriies

Aplix IP Holdings Corpooration
Ryu Koriyyama, CEO & Representativ
ve Director(Code: 37727, TSE Mothhers)
Kengo Naagahashi, Direector(Tel: 050-3786-1715)

NoticeNCon
ncerning Issuance ofo M-1 Serries of Stoc
ck Acquisition Rightts Through Private
Placement
Pt with Con
nditions for Exercise
e Price Adjjustment

At a meetin
ng of the Board of Directorrs held on Fe
ebruary 12, 20016, the Commpany resolveed to issue th
he M-1 seriess
ofo stock acquisition rights by way of a privatepplacem
ment to Macq
quarie Bank Ltd.,
Lwith connditions for the adjustmenttofo exercise prrices (hereina
after the “Stock Acquisitionn Rights”). Th
he details aree as follows.
1.
1 Outline of ooffering
(1)

Allo
otment dateFebruaary 29, 2016(2)

mber of Stock Acquisition
Num
Rights to be issu
ued16,0000 units(3)

Agggregate amou
unt of rights tot
be iissued

Total 88,640,000 yenn (540 yen pe
er one unit off stock acquissitionrights)

(4)

Num
mber of dilutivve sharesarissing from the issue of StocckAcq
quisition Righhts

1,600,00
00 shares (1000 shares pe
er one unit of Stock AcquissitionRights)
wer limit to thee exercise price is 339 yenn, but the num
mber ofThe low
dilutive sshare remain
ns 1,600,000 shares for thhe lower limit to theexercise
e price.

Am
mount of raised capital

1,093,44
40,000 yen (NNote)(Breakdkdown)
Portion reflecting the issuanc
ce of Stockk Acquisition Rights:
00 yen8,640,00
Portion reflecting thetexecutio
on of Stockk Acquisition Rights:
00,000 yen
1,084,80(5)(6)

ercise prices and condition
nsExe
on tthe adjustme
ent of exercise
epricces

Initial exxercise price: 678 yen
There iss no upper lim
mit to the exercise price.
Lower limit to the exe
ercise price: 339
3 yenercise price shallsbe adjus
sted to a pricce equal to 90%
9of theThe exe
closing p
price of the Company’sCcoommon sharees in ordinary
y trading at
Tokyo Stock Exchhange, Inc. (hereinafterr the “Tokkyo Stockge”) on the trrading day beefore the corrrection date (if there isExchangno closin
ng price on thet said day, the most reccent closing pricep
as ofthe saidd day), on a day when the Compaany, after the date ofallotmen
nt, receives a notice perta
aining to a reequest for thee exerciseof the S
Stock Acquisition Rights (hereinafter(tthe “Correction Date”).
Howeveer, if transacttions for the day at the T
Tokyo Stock Exchange

Note:
N
This press release is provided to share inforrmation about Aplix busin
ness activities, and it is nnot intended to solicit inveestment in Aplix shares. WhileW
the materials may describe information suc
ch as forecasts related toofu
uture business performan
nce, this information has been created based on the judgment of Aplix at tthe time the materials weere created. As a result, Aplix offers no guaranteee that the conditions described will come to pass,
and any of the informationn described is subject to change without notice in the future.

- 1 -are finished when the Company receives this notice, the Correction
Date will be the following trading day (refers to a day whentransactions are carried out at the Tokyo Stock Exchange.
(However, if there is a disposition by the suspension of any type oftrading or restriction to trading (including temporary trade restriction)of the Company’s common shares, such date shall not be
considered as a trading date.)). However, if the price after
adjustment is lower than the lower limit to the exercise price, thelower limit shall remain as the lower limit to the exercise price afteradjustment.
(7)

(8)

Method of offering orallotment(Expected recipients ofallotment)

Allotted to Macquarie Bank Ltd. by way of a private placement.

OthersThe Stock Acquisition Rights may be exercised for a period of twoyears, starting from February 29, 2016 until February 28, 2018
(hereinafter the “Exercise Period”). The Company plans to conclude
an agreement regarding the purchase of Stock Acquisition Rights(hereinafter the “Stock Acquisition Rights Purchase Agreement”)
with Macquarie Bank Ltd., after the registration statement filed inaccordance with the Financial Instruments and Exchange Act takes
effect. The Stock Acquisition Rights Purchase Agreement isexpected to specify that if the allotted party transfers the StockAcquisition Rights with the prior consent of the Company’s board ofdirectors, the party to whom the allotted party transfers the Rights
will succeed all the rights and obligations as the recipient ofallotment referred to in the Stock Acquisition Rights Purchase
Agreement.

(Note) The amount raised is the total value of the amount to be paid for the Stock Acquisition Rights and theamount calculated based on the assumption that all of the Stock Acquisition Rights will be exercised at the initial
exercise price. The approximate net amount to be received is expected to stand at 1,089,100,000 yen after
deducting the approximate amount incurred as expenses for the issuance from the raised capital. If the exercise
price is adjusted, the amount raised will increase or decrease. Furthermore, the amount raised will be reduced if
the Stock Acquisition Rights are not exercised during the exercise period.

Please see the Japanese version of this release for further details.

Disclaimer: This English translation is for reference purposes only. In the event of any discrepancy between the Japanese original
and this English translation, the Japanese original shall prevail. We assume no responsibility for this translation or for direct,
indirect or any other form of damage arising from the translation.

Note: This press release is provided to share information about Aplix business activities, and it is not intended to solicit investment in Aplix shares. While the materials may describe information such as forecasts related tofuture business performance, this information has been created based on the judgment of Aplix at the time the materials were created. As a result, Aplix offers no guarantee that the conditions described will come to pass,and any of the information described is subject to change without notice in the future.

- 2 -