TOKYO, Jun 17 (Pulse News Wire) – visumo Inc. (303A.T) decided to issue stock options in the form of subscription rights to its executives and employees without charge, according to a resolution made at the board meeting held.
The move aims to align interests with shareholders and boost morale among management and staff. Under the plan, subscription rights totaling 191 units will be allocated to 13 individuals, including one executive and 12 employees. Each subscription right entitles the holder to purchase 100 ordinary shares at a predetermined exercise price calculated based on the average closing prices of visumo's shares on the Tokyo Stock Exchange in the month preceding the allocation date, multiplied by 1.05. Any fractional amount less than one share resulting from adjustments due to corporate actions such as stock splits or mergers will be rounded up.
The exercise period for these subscription rights spans from June 18, 2030, to June 17, 2036. Should the final day fall on a non-trading holiday, the preceding trading day will serve as the deadline. Visumo retains the option to acquire unexercised subscription rights free of charge should certain conditions arise, such as changes in employment status or organizational restructuring. This initiative underscores visumo’s commitment to fostering long-term value creation through aligned incentives and strategic talent retention.
🟢 Confidence: High AI-translated content.