TOKYO, Jun 26 (Pulse News Wire) – Nice Corporation (8089.T) announced that its board of directors approved the issuance of restricted common shares to 385 employees on June 26. The new shares, totaling 37,000 ordinary shares, will be issued on September 18, 2026, with each share priced at ¥1,845.
The total issuance amount is ¥68.3 million. The purpose of this issuance is to enhance employee engagement and align their interests more closely with those of shareholders, thereby promoting sustainable growth and increased enterprise value. Employees who meet the specified criteria will receive monetary compensation bonds totaling ¥68.3 million, which they will contribute as consideration for the issuance of the restricted shares. Under the terms of the restricted stock agreement, employees will be prohibited from transferring, pledging, or otherwise disposing of the shares from the payment date on September 18, 2026, until July 1, 2028.
The restrictions will be lifted upon completion of the vesting period, contingent on continuous employment with Nice Corporation or its subsidiaries during the restriction period. In case of termination of employment, Nice Corporation will acquire the untransferred shares without compensation immediately following such termination. To ensure the effectiveness of the restrictions, the shares will be managed in dedicated accounts opened at Nomura Securities Co., Ltd. during the restriction period.
Nice Corporation has entered into agreements with Nomura Securities to manage these accounts, and employees have agreed to comply with the management conditions.
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