FAN Communications,Inc. [2461.T]
TOKYO, Apr 20 (Pulse News Wire) – FAN Communications,inc. (2461.T) completed the allocation of restricted stock awards .
The awards, decided during the March 25, 2026 board meeting, consist of 1,200,000 ordinary shares distributed without requiring monetary payment or property exchange. Under the performance-based equity award program, 1,200,000 ordinary shares were allocated to directors as part of their compensation.
The fair value of these shares was determined based on the closing price of FAN Communications' ordinary shares on the Tokyo Stock Exchange on March 24, 2026, which was April 20, 2026 at [NUM_0]. Details of the allocation include: - Number of shares: 1,200,000 ordinary shares - Fair value per share: [NUM_0] - Total valuation: [NUM_1] - Recipients: Three directors excluding audit committee members and outside directors For more specifics, refer to the March 25, 2026 press release titled “Granting of PSU Units Based on Performance-Based Restricted Stock Awards Program and Distribution of Own Shares Under Fixed-Term Transfer Restrictions.”.
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