Source disclosure: January 20, 2026
MTI Ltd. [9438.T]
TOKYO, Jan 20 (Pulse News Wire) – MTI Ltd. (9438.T) announced decisions made during its board meeting held, concerning the issuance of restricted shares as part of its equity compensation plan and the cancellation of its own shares.
Under the equity compensation plan, the company will issue ordinary shares totaling 52,400 shares, with each share priced at ¥734. The total amount raised through this issuance will be ¥38.5 million. The payment due date is set for February 20, 2026. These shares will be allocated to five directors and twenty-six executive officers based on their roles and contributions.
The restricted shares come with vesting periods ranging from February 20, 2026, to February 28, 2029, March 31, 2029, April 30, 2029, and May 31, 2029, respectively. During these periods, recipients cannot sell, pledge, or otherwise dispose of the shares without meeting certain conditions, such as continued employment with the company or its subsidiaries. Additionally, MTI Ltd. plans to cancel 52,400 ordinary shares on February 20, 2026, which represents 0.09% percent of the outstanding shares prior to cancellation.
This move aligns with the company's strategy to maintain capital efficiency and support long-term growth objectives.
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