TOKYO, May 19 (Pulse News Wire) – Nojima CO.,LTD. (7419.T) resolved to propose a plan to issue share options without payment to its executives and employees at its upcoming annual shareholders' meeting scheduled for June 19, 2026.
Under the proposed scheme, up to 100 ordinary shares per stock option will be granted to eligible recipients, with a total limit of 1,000,000 options. The issuance aims to enhance employee motivation and contribute to the company's value. Exercise prices will be based on the closing price of Nojima’s ordinary shares on the Tokyo Stock Exchange on the grant day, adjusted for subsequent events such as mergers, splits, or rights issues.
The exercise period for the options will commence three days after the board resolution and last two years. Additionally, the company plans to seek shareholder approval for the specifics of the share option program during the annual meeting. Separately, Nojima confirmed that it will implement the share option grants to non-executive employees through a board resolution, while those for directors and executive officers will require shareholder approval post-meeting.
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