Inspec Grants Equity-Based Stock Options to Directors

TOKYO, Aug 07 (Pulse News Wire) – inspec Inc. (6656.T) announced today that it has decided to grant equity-based stock options (new share subscription rights) to its directors, excluding outside directors, aiming to enhance long-term performance and contribute to the company's value.

The total number of subscription rights granted is 100, with each right entitling the holder to subscribe for 100 ordinary shares of the company. Subscription rights holders will be able to exercise their rights from September 16, 2026, until September 15, 2056. The specific payment amount per share will be determined on September 15, 2026.

Additionally, the capital increase resulting from exercising these rights will adhere to legal regulations, with adjustments made based on future corporate actions such as mergers, spin-offs, or share exchanges. The company emphasized that transferring these subscription rights requires approval from the board of directors. Furthermore, the subscription rights will be forfeited upon the death of the recipient or if they lose their position within ten days of leaving their role at the company.