Loadstar Capital K.K. [3482.T]
TOKYO, Mar 27 (Pulse News Wire) – Loadstar Capital K.K. (3482.T) announced today that its board of directors resolved to issue subscription rights as stock options to four directors.
The total number of subscription rights being offered is 160 units, each priced at ¥22,050. According to the decision, the issuance price was determined based on a valuation conducted by Bridge Consulting Group Co., Ltd., which used the closing price of Loadstar Capital's shares on March 26, 2026, as well as other factors such as volatility, dividend yield, and risk-free interest rates. The subscription rights will expire ten years from the grant date, with mandatory exercise conditions tied to performance targets.
Specifically, if the average closing price of the company’s ordinary shares falls below a certain threshold during any month within the exercise period, the holders must exercise their rights by the end of the period. Additionally, the subscription rights can only be exercised if the company achieves a pre-tax profit of at least ¥20.00 billion in any fiscal year between 2028 and 2036. Furthermore, the subscription rights cannot be transferred without approval from the company's board of directors.
Upon exercise, the capital increase resulting from the issuance of new shares will be calculated according to regulatory requirements, with adjustments made for mergers, spin-offs, or changes in share structure.
🔴 Confidence: Review recommended AI-translated content.