Tokyo Gas Co.,Ltd.
Notice on Introduction of Employee Share-Based Compensation Plan (Share Delivery Trust)
Introduction of an employee share-based compensation plan (share delivery trust). Using a trust to grant company shares to employees to incentivize performance and share price appreciation, aiming to enhance employee benefits and corporate value. The trust administrator will be Sumitomo Mitsui Trust Bank, the re-trustee is The Japan Custody Bank, and the trust period is approximately 2 years and 9 months.
Key Figures
- 687,000,000 yen: Funds for share acquisition
- 137,100 shares (maximum): Total number of shares to be acquired
- 2026-11-10 ~ 2026-11-20: Scheduled timing of share acquisition
AI要約
Overview of the Plan
The Company has established rules for share delivery to employees and will grant points to eligible employees. Ordinary shares will be delivered through this trust according to the number of points. The trust funds will be fully contributed by the Company, and shares will be granted to employees who meet the beneficiary requirements. An independent third party will be selected as the trust administrator. Voting rights will be exercised by the trustee under the instructions of the trust administrator. The scheduled trust termination date is the end of September 2029.
Details of Trust Operation, Term, and Funds
The settlor is the Company, the trustee is Sumitomo Mitsui Trust Bank, and the re-trustee is The Japan Custody Bank. Trust agreement date: 2026-11-10; date of money trust: 2026-11-10; scheduled trust termination date: end of September 2029. Employees who satisfy the requirements of the share delivery rules and the trust agreement will acquire beneficiary rights.
Tokyo Gas Co.,Ltd.
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