TOKYO, Jun 26 (Pulse News Wire) – KSK Co.,ltd (9687.T) announced that its board of directors decided to issue share-based compensation options to its five directors. The total number of subscription rights to be allocated is 693, with each option allowing the holder to purchase 10 ordinary shares upon exercise.
The subscription rights will be granted on August 03, 2026, with an exercise period from August 04, 2026 to August 03, 2056. The exercise price per share will be determined based on the fair value calculated using the Black-Scholes model on the grant date. Holders can exercise their options within ten days after ceasing to hold director positions, subject to additional conditions outlined in the agreement.
In case of the company's dissolution through merger or division, unexercised options will be acquired by the company. Any fractional shares resulting from option exercises will be rounded down. The capital increase due to option exercises will adhere to legal limits, with adjustments made accordingly.
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