Dexerials to Distribute Restricted Shares to Employees

TOKYO, Jun 23 (Pulse News Wire) – Dexerials Corporation (4980.T) announced today that its board of directors approved the distribution of restricted shares on July 31, 2026. The company will distribute ordinary shares worth ¥4,931 per share to two employees of its subsidiary.

The total value of the shares distributed will be ¥45.4 million. This move aims to incentivize key management candidates within the Dexerials Group and promote greater value-sharing with shareholders. The restricted shares come with a three-year holding period during which the recipients cannot sell, pledge, or otherwise dispose of the shares without valid reasons recognized by the board.

Upon completion of the restriction period, the shares will be freely tradable subject to certain conditions. Additionally, the company outlined the process for managing these restricted shares through SMBC Nikko Securities. In case of organizational restructuring such as mergers or spin-offs during the restriction period, the company reserves the right to lift restrictions early based on specific criteria set forth in the agreement.