Future Link Network Co.,Ltd. [9241.T]
TOKYO, Apr 16 (Pulse News Wire) – Future Link Network CO.,LTD. (9241.T) announced today that its board of directors, held, approved the issuance of restricted shares as part of a stock compensation program.
The company plans to issue ordinary shares totaling 1,875 on May 15, 2026 to four non-executive directors and one employee. Each share will be priced at ¥1,332 per share, with the total value of the issuance being ¥2.5 million. The purpose of this issuance is to incentivize sustained improvement in corporate value and promote greater alignment with shareholders' interests among eligible employees. As part of this initiative, the company also decided to grant principal monetary claims totaling ¥2.5 million to the five targeted individuals, who will contribute these funds as capital contributions to obtain the allocated shares. The shares will be subject to restrictions until April 30, 2029.
Under the terms of the agreement, the restriction period runs from May 15, 2026, through April 30, 2029. Restrictions will lift upon continuous service during the restriction period; however, partial lifting occurs based on tenure if employment ends due to death or other valid reasons recognized by the board. Additionally, the company reserves the right to acquire any untransferred shares free of charge once the restriction period concludes. The shares will be managed by Nomura Securities during the restriction period to prevent unauthorized transfers. In cases of significant organizational restructuring, such as mergers or spin-offs, the board retains discretion to adjust the restriction conditions accordingly.
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