PRECIOUS PARTNERS Co.,Ltd. [501A.T]
TOKYO, Jun 04 (Pulse News Wire) – Precious Partners CO.,LTD. (501A.T) resolved today to issue stock options in the form of subscription rights to its directors and employees.
The board also approved submitting a proposal to the annual shareholders' meeting scheduled for June 29, 2026, seeking approval for the issuance of these subscription rights. The company aims to enhance performance, increase enterprise value, and promote shareholder-focused management through these incentives. Subscription rights will be granted free of charge within a limit of 25,000 units and up to ¥43.8 million. Exercise of these rights will be possible two years after the grant decision until June 29, 2032.
However, exercise is prohibited during certain conditions such as the company's trading suspension or if the holder loses their designated status. Subscription rights will vest based on adjustments made due to share splits, mergers, or other significant corporate actions. Any fractional shares resulting from these adjustments will be rounded down. Additionally, the exercise price per share will adjust according to changes in share structure, rounding up any fractions less than ¥1.
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