NIFTY Lifestyle Co.,Ltd. [4262.T]
TOKYO, May 15 (Pulse News Wire) – Nifty Lifestyle CO.,LTD. (4262.T) resolved to issue stock options to its directors, executive officers, employees, and those of its subsidiaries.
The proposal will be presented at the company's 9th Annual General Meeting scheduled for June 17, 2026. Additionally, the board seeks approval to grant up to June 17, 2026 worth of compensation to directors within one year of the meeting date, separate from the existing annual cap of ¥60 million. The issuance aims to enhance motivation and morale among key personnel, driving further improvement in corporate value.
A total of 750 stock options will be available, with 225 allocated specifically for internal directors, including 70 for external directors. Exercise periods will commence two years post-granting and extend for ten years thereafter. Each option grants the right to purchase 100 common shares at a price determined based on average closing prices of NIFTY Lifestyle’s ordinary shares on the Tokyo Stock Exchange over the preceding month, adjusted upwards by 5%.
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