TOKYO, Mar 25 (Pulse News Wire) – Uniform Next CO.,LTD. (3566.T) resolved at its March 25 board meeting to issue stock options to its directors (excluding audit committee members), executive officers, and employees.
The move aims to enhance long-term performance and share corporate value gains while aligning risk and reward with shareholders. Under the plan, 500 stock options will be granted to one director, and approximately 11,000 options to 32 executives and employees.
Each option entitles the holder to purchase 100 shares of common stock at the closing price of Uniform Next's ordinary shares on the Tokyo Stock Exchange on the grant date. Key provisions include a rights exercise period from April 09, 2029, to April 08, 2035, and conditions requiring holders to remain employed by the company during the exercise window.
The company reserves the right to repurchase unexercised options in certain organizational restructuring scenarios.
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