Sun Frontier Fudousan Co.,Ltd. [8934.T]
TOKYO, Jun 23 (Pulse News Wire) – Sun Frontier Fudousan CO.,LTD. (8934.T) announced today that its board of directors has approved the distribution of restricted shares to ten executives and 68 employees.
The distribution will take place on July 23, 2026, with each share valued at ¥2,339. A total of ¥47.2 million will be distributed, comprising 20,163 ordinary shares. The purpose of this distribution is to enhance long-term incentives and promote closer alignment with shareholders' interests. Each recipient will be granted a portion of the allocated shares based on their performance criteria.
Additionally, the shares come with a three-year restriction period during which they cannot be transferred, pledged, or otherwise disposed of. Upon completion of the restriction period, the shares will be released subject to continued employment status. In cases of death or other reasons deemed valid by the company, partial release conditions apply. Furthermore, the company reserves the right to acquire unreleased shares free of charge once the restrictions expire.
The shares will be managed through a dedicated account at Nomura Securities throughout the restriction period.
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