CREEK & RIVER Co., Ltd.
Notice Regarding Transfer Authorization of Stock Acquisition Rights
The board approves partial transfer of stock acquisition rights. The transferees are three directors who will subscribe to a portion of previously granted rights. Mandatory exercise conditions are set, and transferees bear obligations such as non-waiver. No impact on future performance anticipated.
Key Figures
- Exercise price of stock acquisition rights: 225,700 yen per right
- Total number of stock acquisition rights: 9,500 units (950,000 shares)
- Transferred quantity: 500 units (50,000 shares)
AI要約
Background and Content
Our company approved the partial transfer of the stock acquisition rights issued in April 2023 at the board meeting. The transfer will be to three related parties, including a successor to a retired subsidiary director, totaling 500 rights (50,000 shares) at no cost. After the transfer, total holdings will be five people comprising 9,500 rights (950,000 shares).
Conditions and Risks
The stock acquisition rights include mandatory exercise conditions, and transferees may be forced to exercise under certain conditions. It is stated that transferees cannot waive and will bear obligations even after retirement, and acquisitions outside organizational restructuring are not permitted.
CREEK & RIVER Co., Ltd.
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