Details of issuance or disposal
Approval of the transfer of the already-issued First Series of Stock Acquisition Rights
15,000 stock acquisition rights (underlying common shares: 1,500,000)
The lower thin line represents the existing number of shares to which these shares will be added.
Consideration received by the company: None. Proceeds from the full exercise of the 15,000 rights held by UCI: ¥816,000,000
No change resulting from approval of this transfer
| Item | Details |
|---|---|
| Type of issuance or disposal | Approval of the transfer of the already-issued First Series of Stock Acquisition Rights |
| Number of shares to be issued or disposed of | 15,000 stock acquisition rights (underlying common shares: 1,500,000) |
| Amount of funds to be raised | Consideration received by the company: None. Proceeds from the full exercise of the 15,000 rights held by UCI: ¥816,000,000 |
| Specific use of funds | Details Costs related to the expansion and enhancement of the Hokuriku Plant for the food business, M&A funds and operating funds for M&A businesses / Amount Not disclosed / Scheduled timing of expenditures Not disclosed |
| Payment date | 8 January 2025 (no payment to the company will arise from this transfer) |
| Intended allottee | Transferee: ULTIMATE CLASSIC INVESTMENT LLC. Transferors: LEOMO,inc, 6,300 rights; LEOMO Japan Co., Ltd., 8,700 rights |
| Intended allottee's holding policy | The rights were acquired for pure investment purposes, with no intention of acquiring management control or becoming a controlling shareholder. The common shares acquired through exercise will be handled with consideration for the impact on the market, taking into account market conditions, the share price, liquidity and the company's funding needs. |
| Total number of issued shares | No change resulting from approval of this transfer |
| Exercise price | ¥544 per share. Adjustment provision: Not disclosed |
| Exercise period | From 9 January 2025 to 8 January 2027 |
| Number of Stock Acquisition Rights | Total issued: 20,100 rights; outstanding and unexercised: 20,100 rights (as of 10 July 2026) |
| Reason for acquisition without consideration | The company may acquire the rights at an amount equal to the issue price pursuant to a resolution of the Board of Directors |
| Procedures under the Corporate Code of Conduct | Approval of the transfer by resolution of the Board of Directors. Not disclosed as to obtaining an opinion from an independent third party or confirming shareholders' intentions |
| Most recent equity financing | Timing 8 January 2025 / Type Issuance of new shares and Series 1 stock acquisition rights through a third-party allotment / Amount Total issue price of the First Series of Stock Acquisition Rights: ¥16,884,000; total exercise price: ¥1,093,440,000 |
| Impact on Business Performance | Approval of this transfer itself will have no impact on the company's results for the current fiscal year. |
Items this document does not state (13)
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 help maintain and enhance the potential for financing through the exercise of these stock acquisition rights. The company has confirmed that UCI acquired the rights for pure investment purposes and intends to exercise them in stages, taking into consideration market conditions, the share price, share liquidity and the company's funding needs.