TOKYO, Jun 25 (Pulse News Wire) – As Partners CO.,LTD. (160A.T) announced today, the company's board of directors resolved to issue restricted share awards totaling 10.8 million based on the approval received during its regular shareholders' meeting held on June 25, 2025.
The issuance will take place on July 24, 2026, with shares allocated to four internal directors, three executive officers without director status, and one employee. Under the newly implemented restricted stock award program, which was approved by the shareholders' meeting on June 25, 2025, the total amount of cash compensation granted to eligible recipients cannot exceed ¥60 million annually. Each recipient will receive ordinary shares valued at ¥1,932 per share, with restrictions lasting up to 50 years.
The restricted shares will be managed through a dedicated account with Nomura Securities Co., Ltd. during the restriction period. Shares will be released from restrictions upon completion of a five-year service period or upon retirement due to valid reasons such as reaching mandatory retirement age.
Additionally, the company reserves the right to reclaim shares if the recipient engages in illegal activities or breaches contractual obligations during the restriction period.
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