Sumitomo Seika Chemicals Company, Limited.
Correction: Partial amendment to Notice of Stock Issuance of New Shares Under Restricted Stock Pay
Correction notice: Publicizing the corrected portions of the Notice of Stock Issuance of New Shares Under Restricted Stock Pay. Includes corrections to payment date, number of issued shares, total amount, and allocated shares.
Key Figures
- Type and number of issued shares: 25,500 shares
- Total amount: ¥32,869,500
- Number of shares to be allocated: 4 recipients 17,250 shares / 5 recipients 8,250 shares
AI要約
Key points of correction
This is a notice correcting certain errors in the June 29 disclosure titled 'Notice of Stock Issuance of New Shares Under Restricted Stock Pay.' The corrections modify the payment date, type and number of issued shares, total amount, and the number of shares allocated to the recipients.
Background and impact
After deliberation by the Nomination Compensation Committee, the total amount in cash rights for directors and officers who hold concurrent posts and their ranks has changed, affecting the outline of this issuance in which shares are to be issued in kind. The corrected total amount and share count have resulted in a new allocation composition (4 directors excluding the Audit Committee, and 8,250 shares among 5 officers).
Sumitomo Chemical Co., Ltd.
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