TOKYO, Apr 30 (Pulse News Wire) – Global-dining,inc. (7625.T) resolved at its board meeting held, to issue new share subscription rights to its employees.
The move aims to secure talented personnel and boost long-term performance and enterprise value. Under the plan, 200 subscription rights will be granted to one employee. Each right entitles the holder to purchase 100 ordinary shares of Global-Dining upon exercise.
The grant day is set for May 15, 2026, with the exercise price determined based on average closing prices of the company's stock on the Tokyo Stock Exchange First Section in the preceding month, adjusted by 1.05. Exercise periods range from two to eight years post-grant day, subject to certain conditions. Additionally, the company noted that should it undergo organizational restructuring such as mergers or spin-offs, the new rights would be handled according to specific conditions outlined in the resolution.
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