Halmek Holdings to Issue Restricted Shares as Compensation

TOKYO, Jul 21 (Pulse News Wire) – Halmek Holdings CO.,LTD. (7119.T) announced that its board of directors resolved to issue restricted shares as compensation on July 21, 2026.

The issuance will take place on August 20, 2026, involving the distribution of ordinary shares totaling 12,767. Each share will be priced at ¥1,669, resulting in a total issuance amount of ¥21.3 million. This move follows the introduction of a restricted stock compensation system aimed at aligning executive remuneration with shareholder value and promoting long-term corporate growth.

Under this system, four directors and six executives will receive restricted shares valued at a combined monetary compensation of ¥21.3 million. The shares will be subject to a three-year holding period, during which they cannot be transferred, pledged, gifted, or otherwise disposed of without meeting specific conditions outlined by the company. The restricted shares will be managed through dedicated accounts set up at Mizuho Securities Co., Ltd., ensuring compliance with the stipulated restrictions until their expiration.

Any untransferred shares at the end of the restriction period will be acquired by the company at no cost.