METAWATER Co., Ltd.
Notice Regarding Establishment of Share Grant Regulations Accompanying the Introduction of Share Grant Trust (J-ESOP) and Disposal of Treasury Stock by Third-Party Allotment
On March 13, 2026, 60,000 treasury stock shares will be disposed of by third-party allotment at 4,130 yen per share for a total of 247,800,000 yen, implemented for the operation of the Share Grant Trust (J-ESOP) system.
Key Figures
- Number of Shares Disposed: 60,000 shares (Treasury stock disposal by third-party allotment)
- Disposal Price: 4,130 yen per share (Closing price on the business day immediately before the board resolution date)
- Total Disposal Amount: 247,800,000 yen
- Dilution Rate: 0.14% (Ratio to total issued shares of 44,258,500 shares)
- Trust Agreement Conclusion Date: March 13, 2026
AI要約
Overview of the Share Grant Trust (J-ESOP) System
Metawater Co., Ltd. has introduced a Share Grant Trust (J-ESOP) system that grants shares to employees based on points awarded according to their contributions. At the board meeting on February 26, 2026, share grant regulations were established, and a trust agreement with Mizuho Trust & Banking Co., Ltd. as trustee is scheduled to be concluded. The trust period will commence on March 13, 2026, and continue for the duration of the system.
Details and Purpose of the Disposal of Treasury Stock
On March 13, 2026, 60,000 treasury stock shares will be disposed of by third-party allotment at 4,130 yen per share, totaling 247,800,000 yen, allocated to Custody Bank of Japan, Ltd. (Trust E Account). This is to secure and manage the shares necessary for operating the J-ESOP system and for granting shares to employees. The number of shares disposed represents 0.14% of the total issued shares, and the impact on the market is judged to be minor. The disposal price is reasonably determined based on the closing price on the last business day prior to the board resolution.
