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Share Issuance and Disposal2721J-Holdings Corp.Information and Communications, Services and Others

Notice Regarding Approval of the Partial Transfer of the Eighth Series of Stock Acquisition Rights

The company approved the transfer of 26,000 of the Eighth Series of Stock Acquisition Rights, changed from the original 3 allottees to Representative Director Mano Sadanari (眞野定也). Following the transfer, Mano Sadanari (眞野定也) has indicated that he intends to exercise the stock acquisition rights and cooperate in raising funds.

Worth reading
49Recurring
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
4212000
¥
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Partial transfer of the Eighth Series of Stock Acquisition Rights issued through a private placement

Intended allottee
Name Oyakawa Tomoyuki (親川智行) / Number of Shares 14,000 stock acquisition rights (100 shares per right), Name Nakatani Masakazu (中谷正和) / Number of Shares 15,000 stock acquisition rights (100 shares per right), Name Morigami Kazuki (森上和樹) / Number of Shares 7,000 stock acquisition rights (100 shares per right)
Total issue value

¥11,340,000 (total at issuance)

Terms of the stock acquisition rights
Exercise price
¥153 per share. Adjustment provision: Not disclosed
Exercise period
Start Date 31 January 2025 / End date 30 January 2027
Number of Stock Acquisition Rights
Total number issued 70,000 rights / Unexercised balance Not disclosed
Intended allottee's holding policy
The transferee, Mano Sadanari (眞野定也), intends to hold the shares acquired through the exercise of these stock acquisition rights over the medium to long term. He has undertaken to assume all rights and obligations under the subscription agreement.
Payment date
31 January 2025 (at issuance)
Basis for determining the amount to be paid
The transfer price is ¥162 per stock acquisition right, equal to the original issue price.
Procedures under the Corporate Code of Conduct
The Compliance Committee examined whether any conflict-of-interest transaction or similar matter could arise and confirmed that there was no such risk. Mano Sadanari (眞野定也) did not participate in the resolution because he is a director with a special interest.
Most recent equity financing
Timing 31 January 2025 / Type Issuance of the Eighth Series of Stock Acquisition Rights / Amount ¥11,340,000
Impact on Business Performance
The transfer of these stock acquisition rights will have no impact on the Company's business results.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalPartial transfer of the Eighth Series of Stock Acquisition Rights issued through a private placement
Issue price and disposal price¥162 per stock acquisition right
Total issue value¥11,340,000 (total at issuance)
Payment date31 January 2025 (at issuance)
Intended allotteeName Oyakawa Tomoyuki (親川智行) / Number of Shares 14,000 stock acquisition rights (100 shares per right), Name Nakatani Masakazu (中谷正和) / Number of Shares 15,000 stock acquisition rights (100 shares per right), Name Morigami Kazuki (森上和樹) / Number of Shares 7,000 stock acquisition rights (100 shares per right)
Intended allottee's holding policyThe transferee, Mano Sadanari (眞野定也), intends to hold the shares acquired through the exercise of these stock acquisition rights over the medium to long term. He has undertaken to assume all rights and obligations under the subscription agreement.
Basis for determining the amount to be paidThe transfer price is ¥162 per stock acquisition right, equal to the original issue price.
Exercise price¥153 per share. Adjustment provision: Not disclosed
Exercise periodStart Date 31 January 2025 / End date 30 January 2027
Number of Stock Acquisition RightsTotal number issued 70,000 rights / Unexercised balance Not disclosed
Procedures under the Corporate Code of ConductThe Compliance Committee examined whether any conflict-of-interest transaction or similar matter could arise and confirmed that there was no such risk. Mano Sadanari (眞野定也) did not participate in the resolution because he is a director with a special interest.
Most recent equity financingTiming 31 January 2025 / Type Issuance of the Eighth Series of Stock Acquisition Rights / Amount ¥11,340,000
Impact on Business PerformanceThe transfer of these stock acquisition rights will have no impact on the Company's business results.
Items this document does not state (15)
Number of shares to be issued or disposed ofAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsDilution RateTotal number of issued sharesTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationCategories and Number of Persons CoveredTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMajor shareholders after the offering

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

As exercise of the Eighth Series of Stock Acquisition Rights had fallen below expectations due to the weak share price and other factors, Representative Director Mano Sadanari (眞野定也) will acquire the stock acquisition rights and exercise them himself in order to raise funds promptly.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Approval of the Partial Transfer of the Eighth Series of Stock Acquisition Rights | J-Holdings Corp. (2721) timely disclosure | Komori