Nihon M&A Center Holdings to Distribute Own Shares as Compensation

TOKYO, Jul 30 (Pulse News Wire) – Nihon M&A Center Holdings Inc. (2127.T) resolved at its board meeting held on July 30 to distribute own shares as compensation for directors and incentives for employees.

The distribution, set for August 17, involves ordinary shares totaling 3,577,200. Each share will be sold at ¥696, resulting in a total amount of ¥2.492 billion. The shares will be transferred to Mitsubishi UFJ Trust and Banking Corporation and Sumitomo Mitsui Trust Bank, which act as co-trustees for the director incentive plan (BIP trust) and employee stock option plan (ESOP trust). This move aims to align the interests of directors and employees with shareholder returns, fostering long-term performance improvement.

The number of shares distributed represents a dilution rate of 1.06% based on the total outstanding shares of 336,934,800. The company believes this level of dilution is reasonable and unlikely to significantly impact the trading market. The trusts will operate until August 2033 for the BIP trust and May 2034 for the ESOP trust. The price per share was determined based on the closing price of Nihon M&A Center Holdings' stock on the Tokyo Stock Exchange on July 29, which was ¥696.

This approach ensures objectivity and, The distribution plans are designed to enhance alignment between management and shareholders while promoting long-term value creation within the company.