NICCA CHEMICAL CO.,LTD. [4463.T]
TOKYO, Apr 30 (Pulse News Wire) – Nicca Chemical CO.,LTD. (4463.T) resolved today to issue restricted stock as part of its employee incentive program.
The company plans to transfer ordinary shares worth approximately ¥76.1 million to the NICCA Chemical Employee Stock Holding Association (ESHA) on July 28, 2026. Each share will be sold at a price of ¥1,639 per share. Under the program, eligible employees will contribute special bonuses to ESHA, which will then purchase the restricted shares from the company. The number of shares to be transferred will depend on the number of participating employees and their designated contribution levels.
Assuming all 241 eligible employees participate, the issuance would dilute existing shares by approximately 0.26% based on the total outstanding shares as of December 31, 2025. The restricted shares will carry limitations on transferability until September 1, 2028. During this period, employees who cease membership due to retirement or other legitimate reasons will have restrictions lifted immediately upon leaving the association. In cases of misconduct during the restriction period, the company reserves the right to reclaim the shares without compensation.
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