TOKYO, Apr 23 (Pulse News Wire) – Arealink CO.,LTD. (8914.T) announced today that its board of directors resolved to grant restricted share awards to its directors and executives as part of its incentive program aimed at enhancing long-term corporate value and fostering greater alignment with shareholders.
The awards will be distributed on May 22, 2026, without requiring cash payments from recipients. Each ordinary share will be valued at ¥1,072 based on the closing price on April 22, 2026. For directors, the total number of shares to be granted is 53,030. Four non-outsider directors will collectively receive 53,030 shares. In contrast, an executive will receive 2,419 shares, with the total valuation amounting to ¥2.6 million.
The restricted period for these shares extends until May 21, 2031, during which time the shares cannot be transferred, pledged, or otherwise disposed of. Restrictions will lift upon completion of three years of continuous service as either a director or employee, subject to certain conditions such as death or retirement due to valid reasons. Additionally, Arealink will acquire any untransferred shares free of charge at the end of the restriction period. Shares will be managed through dedicated accounts set up at Okasan Securities Co., Ltd. to ensure compliance with restrictions.
In cases of significant organizational restructuring approved by the board, partial lifting of restrictions may occur based on tenure calculations.
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