CREATE MEDIC CO.,LTD. [5187.T]
TOKYO, Mar 27 (Pulse News Wire) – Create Medic CO.,LTD. (5187.T) announced today that its board of directors resolved to grant restricted share awards to three directors as part of its incentive program aimed at enhancing long-term corporate and shareholder value.
The restricted shares will be issued based on deferred compensation bonds totaling ¥148,900,000, which will be converted into ordinary shares worth ¥1,134 per share. A total of 4,526 shares will be distributed among the recipients. Under the terms of the award agreements, the restricted shares cannot be transferred, pledged, or otherwise disposed of during the restriction period from April 24, 2026, until the recipient ceases to hold their position within the company. The restrictions will lapse upon continued service through the fiscal year ending December 2026, allowing full transferability thereafter.
In case of death or resignation due to valid reasons recognized by the board, partial lifting of restrictions will apply based on months served. The shares will be managed in special accounts opened at Daiwa Securities Co., Ltd. during the restriction period. Additionally, in the event of significant organizational changes such as mergers or spin-offs approved by the shareholders' meeting, the board may lift some restrictions proportionally based on the duration of service up to the approval date.
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