Bridge Consulting Group Inc. [9225.T]
TOKYO, Apr 17 (Pulse News Wire) – Bridge Consulting Group Inc. (9225.T) resolved to issue paid stock options (subscription rights) at its board meeting held.
The subscription rights will be granted based on individual investment judgment rather than as compensation and require the achievement of certain revenue targets to exercise. Specifically, recipients can exercise their rights if the company's reported sales reach ¥10.00 billion during any fiscal year up to September 2030, aligning with the growth projections outlined in the company’s publicly disclosed plans. The total number of ordinary shares potentially issued upon full exercise would amount to approximately 2.64% of the outstanding share count of 2,167,700.
However, management believes the issuance is reasonable due to the performance-based conditions attached to exercising the rights. Subscription rights will be allocated to four directors totaling 230 units and 15 employees totaling 342 units. Each right entitles the holder to purchase 100 ordinary shares at an exercise price of ¥1,110 per share, determined by independent valuation firm opLabo.
The rights can be exercised from October 1, 2030, through April 30, 2036, subject to various adjustments and restrictions detailed in the resolution.
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