Nihon Denkei Grants Executives 200 Stock Options Amid Corporate Value Enhancement Goals

TOKYO, Aug 07 (Pulse News Wire) – Nihon Denkei Co.,ltd (9908.T) decided to grant stock options to its executive officers to enhance performance and boost corporate value. At a board meeting held, the company resolved to issue 200 stock options to two executives.

The subscription rights will be allocated on August 24, 2026, with an exercise period from August 08, 2028, to August 07, 2036. Each option entitles the holder to purchase 100 ordinary shares of Nihon Denkei Co.,ltd The exercise price per share will be determined based on the average closing price of the company's ordinary shares on the Tokyo Stock Exchange during the month prior to the allocation date, multiplied by 1.05.

Any fractional amounts less than one share will be rounded up. In addition, Nihon Denkei Co.,ltd stipulates that the exercise of these stock options will require approval from the company’s management if the recipient is no longer serving as a director, auditor, executive officer, or employee due to reasons such as retirement or resignation, except in cases deemed legitimate by the board of directors.