UCHIYAMA HOLDINGS Co.,Ltd. [6059.T]
TOKYO, Jun 25 (Pulse News Wire) – Uchiyama Holdings CO.,LTD. (6059.T) decided to allocate restricted shares to executives during its board meeting held on June 25.
The allocation involves issuing ordinary shares totaling July 24, 2026 with restrictions on transfers until July 24, 2026. Under the new share incentive program approved in May 19, 2023, four non-audit committee directors and one audit committee director will receive these shares. Additionally, two subsidiary directors will also benefit from the scheme. The total value of the allocated shares is June 25, 2026.
The shares will be transferred based on the closing price of Uchiyama's ordinary shares on the Tokyo Stock Exchange on June 24, 2026, which was set at ¥339 per share. The restriction period lasts until the directors lose their positions within the company or its subsidiaries. This move aims to enhance long-term corporate and shareholder value while fostering closer alignment with shareholders' interests. The allocation does not require filing a securities notification due to the total amount being below the threshold mandated by the Financial Instruments and Exchange Act.
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