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Share Issuance and Disposal3157GEOLIVE Group CorporationTrading & Wholesale

Notice Concerning the Disposal of Treasury Shares in Connection with an Employee Incentive Plan

The Company has resolved to dispose of 60,000 treasury shares to a trust account for use in operating its employee incentive plan. The disposal price is ¥1,375 per share, for a total disposal value of ¥82.5 million.

Worth reading
58In focus
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Direction
Neutral
Direction inferred from the company’s description.
Scale
60000
Shares
Wording
Conditional
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares for an employee incentive plan

発行・処分する株式数60,000Shares

60,000 common shares of the Company (treasury shares)

Intended allottee
Sumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))
¥1,375 per share
Total issue value

¥82,500,000

発行済株式総数

0.44% of the total number of issued shares and 0.45% of the total number of voting rights

The dilution rate shows what proportion the newly issued shares represent of the existing shares. The higher the proportion, the more the value and voting rights per share are diluted.

Categories and Number of Persons Covered
Designated employees of the Company and its group companies. The number of eligible employees and breakdown of the shares allocated are not disclosed.
Intended allottee's holding policy
The shares will be disposed of to the trustee of a trust established to operate this plan. The trust period is from 19 August 2026 to the end of June 2031 (予定).
Payment date
19 August 2026
Basis for determining the amount to be paid
The closing price of the Company’s common stock on the Tokyo Stock Exchange on 31 July 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥1,375. No discount or premium is specified.
Procedures under the Corporate Code of Conduct
The Company plans to appoint a third party independent of the Company and its officers as trust administrator.
Impact on Business Performance
The Company believes that this plan will contribute to enhancing its corporate value over the medium to long term.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares for an employee incentive plan
Number of shares to be issued or disposed of60,000 common shares of the Company (treasury shares)
Issue price and disposal price¥1,375 per share
Total issue value¥82,500,000
Payment date19 August 2026
Intended allotteeSumitomo Mitsui Trust Bank, Limited (trust account) (re-trustee: Japan Custody Bank, Ltd. (trust account))
Intended allottee's holding policyThe shares will be disposed of to the trustee of a trust established to operate this plan. The trust period is from 19 August 2026 to the end of June 2031 (予定).
Dilution Rate0.44% of the total number of issued shares and 0.45% of the total number of voting rights
Total number of issued shares13,767,052 shares (as of 31 March 2026) → Not disclosed
Basis for determining the amount to be paidThe closing price of the Company’s common stock on the Tokyo Stock Exchange on 31 July 2026, the business day immediately preceding the date of the Board of Directors’ resolution, was ¥1,375. No discount or premium is specified.
Categories and Number of Persons CoveredDesignated employees of the Company and its group companies. The number of eligible employees and breakdown of the shares allocated are not disclosed.
Procedures under the Corporate Code of ConductThe Company plans to appoint a third party independent of the Company and its officers as trust administrator.
Impact on Business PerformanceThe Company believes that this plan will contribute to enhancing its corporate value over the medium to long term.
Items this document does not state (15)
Amount of funds to be raisedEstimated issuance expensesSpecific use of fundsExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioMost recent equity financingMajor 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.

To expand the employee benefits program for designated employees of the Company and its group companies, foster employees’ sense of belonging and participation in management, raise awareness of the Company’s performance and share price appreciation, and enhance corporate value over the medium to long term.

How to read this page

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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 Concerning the Disposal of Treasury Shares in Connection with an Employee Incentive Plan | GEOLIVE Group Corporation (3157) timely disclosure | Komori