TOKYO, Mar 25 (Pulse News Wire) – Nexon CO.,LTD. (3659.T) announced today that its board of directors resolved to issue stock options (new share subscription rights) to its directors based on the approval granted during its 24th annual general meeting held earlier.
The issuance includes 2,000 new share subscription rights, with one director receiving 1,000 shares due to their external position. Key details of the grant include: - Each option corresponds to one ordinary share. - No monetary payment is required upon exercise.
- Exercise period spans ten years from the grant date. - Subscription rights cannot be transferred without board approval. Additionally, the capital increase resulting from exercising these options would be calculated according to the Companies Act, with the additional paid-in capital amounting to half of the permissible limit determined by the Corporate Accounting Standards Rule 17, rounding up any fractional amounts below the threshold.
The grant day for these stock options is set for April 10, 2026.
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