Higashinihon Jisho Co.,Ltd. [139A.T]
TOKYO, Mar 31 (Pulse News Wire) – 139A.T (139A.T) announced today that its extraordinary shareholders' meeting approved the issuance of stock options, represented by subscription rights, to its directors, executive officers, and employees. Following the meeting, the board of directors determined the specifics of the issuance: Directors received 160 shares, while an executive officer was granted 60 shares.
Additionally, five employees collectively received 150 shares, totaling 370 subscription rights. Each right entitles the holder to purchase ordinary shares at an exercise price of ¥3,657 per share.
The total number of subscription rights issued includes 270 rights for executives and employees, and 100 rights reserved for future allocation. The purpose of these subscription rights is to enhance employee motivation and align their interests with those of the company's shareholders.
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