Social Ecology Project Co., Ltd. (JASDAQ:6819) announced a private placement of 5,000,000 shares at ¥53 per share with new investor, Kazuhiko Ueda for gross proceeds of ¥265,000,000 on May 14, 2013. The company will receive the net proceeds of ¥262,645,000 in the transaction. The investor will acquire 19.11% stake in the company through this transaction.

The issuance date for the transaction is June 3, 2013. The company will issue shares through third party allotment. The transaction was approved at the board of directors' meeting.

Following the closing, the capital of the company will increase by ¥132,500,000. The company will pay issuance expenses of ¥2,355,000 including registration expenses and corporate inspection expenses.