TOKYO, Mar 11 (Pulse News Wire) – Hotman CO.,LTD. (3190.T) resolved to issue stock options and paid stock options during its board meeting held.
The issuance of these options was disclosed after the electronic filing of the notice for the regular shareholders' meeting scheduled for March 8, 2026. Under the resolution, the company plans to grant 118 free-of-cost stock options to employees and subsidiary directors. Each option entitles the holder to purchase 100 common shares of Hotman Co. at a price determined based on the average closing price of the company's shares on the Tokyo Stock Exchange in the month preceding the allocation date. The exercise period for these options spans from March 27, 2028, to March 26, 2033, subject to adjustments for corporate actions such as mergers or share splits.
Additionally, Hotman Co. decided to issue 65 paid stock options to three executives and auditors. These options also allow the holders to acquire 100 common shares per option at a predetermined price of ¥13,800. The exercise period for these paid options runs from April 1, 2027, to March 26, 2033. However, the exercise condition requires the company’s adjusted EBITDA for fiscal years ending December 2026 through December 2029 to exceed a certain threshold set by the company.
Both sets of options aim to enhance long-term performance and boost employee morale while aligning individual interests with shareholder value.
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