Toell Co.,Ltd.
Notice Regarding the Issuance of New Shares with Restrictions on Transfer
Resolved to issue new shares under the restricted stock unit (RS) plan for directors and employees. Issued shares: 72,000 shares, total amount: 63,288,000 yen. Restriction period: 40 years. Allocation terms specify restrictions on transfer and unlocking conditions, planned to allocate to 22 recipients. Payment deadline: 2026-08-25. Shares will be overseen through Nomura Securities.
Key Figures
- New shares issued: 72,000 shares
- Total amount: 63,288,000 yen
- Restriction period: 2026-08-25 to 2066-08-24
AI要約
Overview
The announced issuance of new shares under the restricted stock unit (RS) system will allocate 72,000 shares to 11 directors and 11 employees, with a total value of 63,288,000 yen. The allocated shares will be allotted as in-kind contributions of monetary compensation claims for each recipient, with a transfer restriction period from August 25, 2026 to August 24, 2066 (40 years). The unlocking conditions are staged based on continued service or certain events such as death or retirement, and will eventually be解除. Share management is conducted through a dedicated Nomura Securities account, and handling during organizational changes is defined.
Impact on shareholders and an outlook
This RS plan aims to share profits with shareholders and management, and to enhance corporate value. Share dilution is expected to be partially absorbed by the in-kind contributions of recipients. The long 40-year lock-in period seeks to ensure proper performance linkage and long-term organizational stability. Going forward, the specific allocation timing and distribution are expected to be determined through market conditions and deliberations by the Board of Directors and the Audit Committee.
TOEL Co., Ltd.
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