Premium Group Co.,Ltd. [7199.T]
TOKYO, Jun 24 (Pulse News Wire) – Premium Group CO.,LTD. (7199.T) announced plans to issue restricted shares to executives on July 23, 2026.
The company's board approved the issuance of ordinary shares worth up to ¥1 per share, totaling ¥2 million. The shares will be granted to three directors and ten non-executive operating officers, subject to performance conditions. Performance-based shares require achieving a pre-tax profit increase of at least 15% for the fiscal year ending March 2027.
Non-performance-based shares will vest without such conditions. Directors will receive a total of 150,000 shares and executive officers will get 75,000 shares, with some shares tied to performance goals. The restrictions on transferring these shares will last until July 22, 2031, or upon meeting certain criteria related to continued service and performance milestones.
Any unmet performance conditions will result in the company reclaiming the shares.
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