TOKYO, Apr 10 (Pulse News Wire) – Mobilus Corporation (4370.T) announced today that its board of directors approved the issuance of restricted shares to 108 employees. The new share issue, scheduled for May 8, 2026, involves issuing ordinary shares worth ¥359 per share, totaling ¥18.6 million.
Each employee will receive a minimum of 270 shares, representing a minor proportion of the outstanding shares as of February 28, 2026. The purpose of this issuance is to enhance long-term incentives and promote value-sharing among shareholders and employees. The restricted shares come with a two-year holding period during which employees cannot sell, pledge, or otherwise dispose of their allocated shares. Full transfer restrictions will lift upon completion of the holding period or earlier if the employee leaves the company due to retirement or death.
In addition, the company reserves the right to acquire unrestricted shares free of charge once the restriction period ends or if the employee ceases to hold any position within the company during the restriction period. The restricted shares will be managed through dedicated accounts set up at Nomura Securities Co., Ltd. during the restriction period. Furthermore, in case of organizational restructuring such as mergers or spin-offs, the board may decide to lift restrictions on a pro-rata basis based on the duration of employment during the restriction period.
🟢 Confidence: High AI-translated content.