TOKYO, Apr 14 (Pulse News Wire) – Demae-can Co.,ltd (2484.T) resolved to issue stock options, specifically subscription rights warrants, to its employees without charge based on the Company Law provisions during its board meeting held. The issuance involves granting 1,000,000 subscription rights warrants, each allowing the holder to acquire 100 common shares of the company upon exercise.
Exercise prices will be determined based on average closing prices of the company's ordinary shares on the Tokyo Stock Exchange in the month preceding the grant date, rounded up to the nearest whole number. The exercise period spans from May 1, 2028, to April 30, 2031. Capital increases resulting from warrant exercises will adhere to legal limits, with adjustments made accordingly.
Any transfers of these warrants require approval from the company’s board of directors. Additionally, the company reserves the right to repurchase unexercised warrants under certain conditions, such as mergers or reorganizations. Demae-Can aims to enhance employee motivation and cohesion while supporting long-term growth and shareholder value through this initiative.
Warrant grants will be distributed among 42 eligible employees on April 20, 2026.
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