Source disclosure: February 13, 2026
WORLD HOLDINGS CO.,LTD. [2429.T]
TOKYO, Feb 13 (Pulse News Wire) – World Holdings CO.,LTD. (2429.T) resolved to seek shareholder approval at its upcoming annual general meeting scheduled for March 19, 2026, for issuing tax-qualified stock options to its directors and employees.
The proposed plan aims to enhance corporate performance and attract talent while aligning interests with shareholders. Under the proposal, up to 3,000 subscription rights could be granted, with a limit of 1,000 for non-outsider directors. Each subscription right entitles the holder to receive up to 300,000 shares of common stock, subject to adjustments based on future corporate actions such as mergers or share splits.
Subscription rights will vest two years after issuance and remain valid until March 19, 2036. Key conditions for exercising the subscription rights include maintaining directorship or employment status with the company or its subsidiaries. Exercise prices will be determined based on average closing prices of the company's ordinary shares on the Tokyo Stock Exchange prior to issuance, adjusted for subsequent corporate actions affecting share value.
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