TOKYO, Mar 13 (Pulse News Wire) – Midac Holdings CO.,LTD. (6564.T) resolved to issue stock options to its employees and those of its subsidiaries at a board meeting held on March 13, 2026.
According to the resolution, the company will grant 313 stock options without charge to enhance long-term performance and boost employee morale. Each option entitles the holder to purchase 100 ordinary shares of MIDAC Holdings upon exercise. The exercise price will be determined based on the average closing price of the company's ordinary shares on the Tokyo Stock Exchange Prime Shijou during the month preceding the allocation date, rounded up if necessary.
In case of adjustments due to share splits or consolidations, the exercise price will also be adjusted accordingly. The exercise period for these stock options runs from March 14, 2028, to March 13, 2036. Additionally, the company noted that capital increase resulting from the exercise of these options would adhere to legal limits, with any fractional amounts being rounded up.
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