TOKYO, Jun 24 (Pulse News Wire) – Digital Garage,inc. (4819.T) announced plans to issue restricted shares as compensation to its executives and board members.
The issuance, scheduled for July 10, 2026, involves ordinary shares totaling 113,284. Each share will be priced at ¥1,697 per share, resulting in a total issuance value of ¥192.2 million. The shares will be granted to four directors, fifteen executive officers, and two subsidiary directors and executive officers. This move follows approval during the company's board meeting held .
The restricted shares come with conditions prohibiting their sale or transfer until July 31, 2029, for mid-term recipients. Long-term recipients face restrictions until death, retirement, or resignation due to valid reasons. In case of termination during the restriction period, the company reserves the right to acquire the shares without payment. The issuance price was determined based on the closing price of Digital Garage’s ordinary shares on the Tokyo Stock Exchange Prime Market on June 23, 2026, which was ¥1,697.
This price represents a deviation rate of -11.61% compared to the simple average closing prices over the last month, -21.51% over three months, and -24.21% over six months.
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