TOKYO, Apr 16 (Pulse News Wire) – LA Holdings CO.,LTD. (2986.T) resolved today to issue new shares as part of its restricted share compensation plan.
The issuance, scheduled for May 15, 2026, involves issuing ordinary shares worth a total of 105.3 million based on a price per share of ¥9,000. The shares will be allocated to four directors and two executive officers, totaling 1,000 shares, and two employees, amounting to 200 shares. Under the plan, recipients must hold the shares until May 15, 2029, with restrictions lifted upon continuous service during the restriction period.
In case of retirement due to normal reasons within the period, the lifting of restrictions will depend on the number of months served post-payment date. Additionally, LA Holdings reserves the right to acquire untransferred shares free of charge at the end of the restriction period or upon certain conditions being met. This issuance follows the approval of the restricted share compensation system at the April 16, 2026 board meeting, aimed at enhancing motivation among key personnel and fostering greater value-sharing with shareholders.
The company plans to file a temporary report pursuant to the Financial Instruments and Exchange Act.
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