ES Networks Completes RS Share Issuance Amid Changes in Allocation Details

TOKYO, Jun 02 (Pulse News Wire) – ES Networks CO.,LTD. (5867.T) completed the issuance of restricted stock (RS) shares to its employees through a share repurchase program on June 02, 2026.

Originally scheduled for May 11, 2026, the transaction saw adjustments due to changes in allocation details. The revised details include: - Total ordinary shares distributed and issued: 18,693 instead of 18,814 shares - Ordinary shares issued: 17,992 instead of 18,195 shares - Price per share: June 02, 2026 yen instead of May 11, 2026 yen - Total amount: ¥45.1 million instead of ¥45.5 million - Number of recipients: 156 employees instead of 158 originally planned The discrepancy in the number of allocated shares and recipients was attributed to two intended recipients losing their eligibility post-decision.

This adjustment reflects the ongoing efforts by ES Networks to align employee incentives with company performance while adhering to regulatory requirements.