PACIFIC METALS CO.,LTD. [5541.T]
TOKYO, Jun 24 (Pulse News Wire) – Pacific Metals CO.,LTD. (5541.T) announced plans to distribute restricted shares to four executives on July 23, 2026.
The distribution involves ordinary shares valued at June 24, 2026 per share, totaling July 23, 2026. The shares will be subject to a restriction period from July 23, 2026, until July 22, 2076, allowing transfers only upon continued service as directors during this period. This initiative stems from a compensation system introduced in May 14, 2025, aimed at incentivizing long-term value creation and aligning executive interests with shareholder gains.
Under this scheme, executives receive equity grants tied to performance-based incentives, with restrictions lifted based on tenure and adherence to company policies. In addition, the agreement includes provisions for automatic forfeiture of shares if an executive resigns without valid reasons prior to the end of the restriction period. The shares will be managed through a dedicated account at Nomura Securities to ensure compliance with the restrictions.
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