(1) If shareholders have preemptive rights to subscribe to bonds with warrants, the company shall notify each shareholder of the amount of bonds with warrants that he/she is entitled to subscribe for, the issuance price, the particulars of preemptive rights to new stocks, the period during which he/she may exercise his/her preemptive rights to new stocks and a statement to the effect that if he/she fails to subscribe to the bonds with warrants on or before the specified date, he/she will relinquish his/her right. In such cases, if matters prescribed in Article 516-2 (2) 4 or 5 have been determined, the details of such matters shall also be notified.
(2) The provisions of Article 419 (2) and (3) shall apply mutatis mutandis in cases falling under paragraph (1). <Amended by Act No. 12591, May 20, 2014>[This Article Newly Inserted by Act No. 3724, Apr. 10, 1984]