WOOD ONE issues stock options to boost executive performance

TOKYO, Jul 09 (Pulse News Wire) – Wood ONE CO.,LTD. (7898.T) announced that it had resolved to issue stock options (new share subscription rights) at a board meeting held on July 09, 2026.

The issuance was approved by shareholders at a general meeting on June 26, 2026. Exercise prices for these options will be determined on July 24, 2026, and disclosed thereafter. Under the plan, 500 stock options will be granted to nine directors and seven executives.

Each option entitles the holder to purchase 100 common shares at a price yet to be finalized based on average closing prices of the company's ordinary shares on the Tokyo Stock Exchange in June 2026, adjusted by 1.05. The exercise period runs from July 25, 2028, to June 30, 2035. Options cannot be transferred without approval from the company’s board.

In case of organizational restructuring, surviving entities may inherit these rights subject to conditions outlined in merger agreements.