Namura Shipbuilding Completes Subscription for Restricted Share Awards

TOKYO, Jul 22 (Pulse News Wire) – Namura Shipbuilding CO.,LTD. (7014.T) completed the subscription process for restricted share awards as decided during its board meeting held on June 23, 2026.

Details of the issuance include ordinary shares totaling 79,800. Each share was subscribed at ¥3,840 per share, resulting in a total issuance amount of ¥306.4 million.

The shares were allocated to five directors excluding outside directors, seven executive officers who do not concurrently hold director positions, and included 500 shares for executive officers(500) The payment deadline for the issuance was July 22, 2026. For more specifics, refer to the notice released on June 23, 2026, concerning the issuance of restricted share awards.

This move underscores Namura Shipbuilding's commitment to incentivizing key personnel through equity-based compensation mechanisms.