KH Neochem Co., Ltd.
Notice of Disposal of Treasury Shares as Restricted Stock via Employee Shareholding Association and Increase in Incentive Ratio
Resolved to dispose of treasury shares as restricted stock through the employee shareholding association. Allocated shares: 67,000 shares; disposal price: 3,200 yen/share; total amount approximately 214,420,000 yen. Incentive ratio to be increased from current 5% to 10% effective June 2027. Maximum number of disposed shares is 67,000 shares, with maximum dilution estimated at 0.18% (based on total number of issued shares).
Key Figures
- 67,000 shares
- 3,200 yen
- 214,400,000 yen
AI要約
Overview
At a board meeting held today, the Company resolved to dispose of treasury shares through the employee shareholding association assuming the grant of restricted shares to employees. The number of shares to be disposed is up to 67,000 shares, and the allottee is the employee shareholding association. The disposal price is set at 3,200 yen per share; however, if the closing price on the trading day immediately before the condition determination date is higher, that closing price will be used as the disposal price. It was also decided to raise the incentive ratio from the current 5% to 10% effective June 2027.
Expected Impact and Schedule
The disposal will be implemented following a resolution of the board of directors of the employee shareholding association, and the transfer restrictions on the shares will apply from the payment date in 2026 until May 31, 2030. Conditions for lifting transfer restrictions, treatment in the event of corporate reorganizations, provisions regarding gratuitous acquisition, and other clauses are specified in detail. If the maximum number of participants join the program, dilution is expected to be up to 0.18%.
KH Neochem Co., Ltd.
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