TOKYO, Mar 23 (Pulse News Wire) – SBI Global Asset Management CO.,LTD. (4765.T) resolved at its board meeting held on March 23 to issue tax-qualified stock options to employees and subsidiaries' staff free of charge.
The issuance aims to enhance group cohesion and boost morale towards long-term performance growth and increased enterprise value. Up to 10,110 options will be granted, allowing recipients to acquire up to 1,011,000 ordinary shares upon exercise. Each option corresponds to 100 shares, subject to adjustments based on corporate actions such as share splits or mergers.
Exercise prices will be determined based on closing prices on the Tokyo Stock Exchange on March 23, adjusted accordingly for future corporate actions. The exercise period runs from July 2, 2029, to September 29, 2034. Any fractional shares resulting from exercises will be rounded down.
The total capital increase due to option exercises could amount to approximately ¥1, with corresponding adjustments to capital reserves.
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