TOKYO, Mar 13 (Pulse News Wire) – Access Group Holdings CO.,LTD. (7042.T) resolved today to issue restricted shares to its executives and those of its subsidiaries.
The issuance involves 10,800 ordinary shares at a price of ¥677 per share, totaling ¥7.31 million. Payment is due on May 1, 2026. The purpose of this issuance is to incentivize long-term value creation within the group while fostering greater alignment with shareholders. The shares will be granted to two company executives and sixteen subsidiary executives. Additionally, the shares come with restrictions prohibiting their sale until the recipients lose their positions as directors, auditors, executive officers, or employees of the company or its subsidiaries.
Under the agreement, the restriction period begins on May 1, 2026, and ends upon the recipient's departure from any such position. Full lifting of restrictions requires continuous service through April 30, 2027; partial lifting occurs based on tenure up to that date. In case of death or other valid reasons leading to early termination, a prorated portion of the restrictions will be lifted accordingly. The shares will be managed by Nomura Securities during the restriction period to prevent unauthorized transfers. Upon expiration of the restrictions, the company reserves the right to acquire any remaining restricted shares without compensation.
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