OPTEX GROUP Company,Limited [6914.T]
TOKYO, Apr 08 (Pulse News Wire) – Optex Group Company,limited (6914.T) resolved at its board meeting held on April 08, 2026, to issue equity-based stock options (subscription rights) to its directors and subsidiary executives. The move aims to align interests with shareholders and incentivize long-term performance improvement and enterprise value enhancement.
Under the plan, 326 subscription rights will be allocated to three internal directors and 21 subsidiary directors, excluding external directors and non-executive roles. Each subscription right entitles holders to receive 100 shares upon exercise. The total number of subscription rights is subject to adjustment based on certain conditions such as share splits or mergers.
Subscription rights will be exercisable from April 25, 2026, to April 24, 2056. Holders can exercise their rights within ten days after ceasing their directorship positions, or immediately upon death. The exercise price per share will be determined based on the Black-Scholes model on the allocation date.
Additionally, the company reserves the right to acquire unexercised subscription rights free of charge under specific circumstances, including organizational restructuring events or changes in the company's articles of incorporation.
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