Aseed Holdings Completes Restricted Share Issuance to Directors

TOKYO, Jul 24 (Pulse News Wire) – Aseed Holdings CO.,LTD. (9959.T) completed the issuance of restricted shares to directors on July 24.

The transaction was approved during a June 24 board meeting and involved the distribution of ordinary shares totaling 1,000,000 at a price of 1,000 per share, amounting to a total value of 1,000,000,000. Details of the issuance include: - Distribution to two directors of the company. - Five directors of subsidiary Acid Kabushiki Kaisha. - Four directors of subsidiary Acid Buryuu Kabushiki Kaisha. - Two directors of subsidiary Acid Bibarejji Plus Kabushiki Kaisha.

- One director of subsidiary Logic Innovation Kabushiki Kaisha. - Three directors of subsidiary Shizuoka Roast System Kabushiki Kaisha. The restricted shares cannot be transferred for more than three months after the directors receive them, according to the terms set forth in the issuance agreement. --- This issuance follows the initial notice released on June 24 detailing the plan for distributing restricted shares to company executives and their subsidiaries' directors. Financial Securities Transaction Law requirements dictate that no securities notification forms need to be submitted due to the nature of the restricted shares.