Source disclosure: March 06, 2026, 15:30 JST
Published by Pulse News Wire: March 06, 2026, 16:13 JST
COMPUTER ENGINEERING & CONSULTING LTD. [9692.T]
TOKYO, Mar 06 (Pulse News Wire) – Computer Engineering & Consulting Ltd. (9692.T) resolved to issue equity-based stock options, known as subscription rights, to its non-audit committee directors excluding outside directors at a board meeting held on March 06, 2026.
The company plans to allocate up to 96 subscription rights, each representing 100 ordinary shares of the company. The exercise price per share will be set based on the Black-Scholes model valuation on the allocation date. Directors receiving these rights will instead receive cash compensation equivalent to the total payment amount, which will offset their obligation to pay for the rights. Subscription rights can be exercised from March 23, 2026, to March 22, 2056.
Upon exercise, capital increases will follow the company's calculation rules, with half of the calculated capital increase limit being added to the capital, while the remainder goes to the capital reserve fund. Additionally, the rights cannot be transferred without approval from the company’s board of directors. Directors who lose their positions within ten days after leaving office can still exercise their rights during that period. In cases of mergers or significant corporate restructuring, the company reserves the right to acquire these subscription rights free of charge.
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