RETAIL PARTNERS CO.,LTD. [8167.T]
TOKYO, Jun 17 (Pulse News Wire) – Retail Partners CO.,LTD. (8167.T) announced today that its board of directors has approved the issuance of restricted shares to eight executives without charge as part of their compensation package.
The restricted shares, totaling 1,489,000 ordinary shares, will be distributed on July 17, 2026. Under the share grant agreement, the recipients cannot sell, pledge, or otherwise dispose of the shares during the restriction period from July 17, 2026, until they cease to hold their positions as directors. The restrictions will lapse upon completion of their service term ending at the conclusion of the regular shareholders' meeting in February 2027.
In case of death or other reasons deemed valid by the board, partial lifting of restrictions will apply based on months served. Additionally, the company noted that it retains the right to reclaim any unreleased shares at the end of the restriction period. The shares will be managed through a dedicated account at Nomura Securities during the restriction period to ensure compliance with the conditions set forth in the agreement.
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