TOKYO, Mar 25 (Pulse News Wire) – Om2network CO.,LTD. (7614.T) completed the subscription process for restricted share grants to employees and partially delisted some shares today.
Initially planned, the revised plan now involves issuing 6,700 common shares instead of the originally scheduled 7,000 shares due to one employee's withdrawal from the program. Under the adjusted plan, 4,000 shares will go to four company employees, while 2,700 shares will be distributed among 30 employees of wholly-owned subsidiaries. The per-share price remains unchanged at ¥1,520.
The total value of the transaction is now ¥10.3 million compared to the initial estimate of ¥10.6 million. The changes reflect adjustments made based on differences between anticipated and actual participation levels among subsidiary employees. One individual who was initially slated to receive shares opted out, leading to the partial dilution.
In a separate note, the company stated that the impact on its current fiscal performance would be minor.
🟢 Confidence: High AI-translated content.