PRESS RELEASE: No.11 August 1, 2006 |
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Notice of Contents Determined for Stock Subscription Rights (Stock Options) Granted to Executives
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Based on the decision of the Board of Directors' meeting on June 27, 2006, the exercise value and other matters of stock subscription rights issued as stock options to executives were determined as follows:
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1. | Allocation date of stock subscription rights | |
July 31, 2006 | ||
2. | Total number of stock subscription rights | |
17 (1,000 stocks per stock subscription right) | ||
3. | Kinds and number of stocks subject to stock subscription rights | |
17,000 common company stocks | ||
4. | Amount to be paid in per stock subscription right | |
¥525,000 per stock subscription right (¥525 per stock) However, cash payment is not necessary. |
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5. | Asset value invested to exercise stock subscription rights | |
¥2,961,000 per stock subscription right (¥2,961 per stock) | ||
[Reference] |
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