Kaitori Okoku Co., Ltd.
Notice Regarding the Issuance of New Shares as Restricted Stock Compensation
Resolution to issue new shares and introduce a restricted stock reward plan. Grant of cash-settled reward rights equivalent to JPY 24,303,600 and 25,800 shares to directors and others; issued shares priced at JPY 942, and a transferrestrictive period up to July 15, 2046 for employees, targeting 102 individuals.
Key Figures
- 25,800 shares
- JPY 24,303,600
- JPY 942
AI要約
Overview and objectives of this framework
The Company resolved to issue new shares to promote value enhancement and shareholder value sharing through a restricted stock reward plan. Eligible participants comprise 4 directors and 98 employees, totaling 102 individuals, who will acquire shares by contributing cash-settled reward rights as in-kind assets. The total issue amount is JPY 24,303,600, with 25,800 shares issued and subscription price set at JPY 942 per share. The allocated shares are strictly managed within custody accounts during the transfer restrictions, with conditions for release of transfer restrictions specified.
Handling of transfer restrictions and corporate restructuring
The transfer-restriction period is divided into two phases for employees (Period A: July 15, 2026 to July 15, 2031; Period B: July 15, 2026 to retirement or after July 15, 2046, whichever comes first). Upon corporate restructuring, transfer restrictions may be lifted under certain conditions. Treatments at retirement, gratuitous acquisition, and account management are conducted rigorously through Nomura Securities, with other regulations detailed to the finest point.
Kaitori Kingdom
Company overview · Stock price · Financial data · All IR
