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Share Issuance and Disposal4206Aica Kogyo Company,LimitedMaterials and Chemicals

Notice Concerning the Disposal of Treasury Shares in Connection with an Additional Contribution to the Stock Benefit Trust (J-ESOP)

The Company resolved to dispose of 50,000 treasury shares it holds to the trust account in order to secure the shares required to continue the Stock Benefit Trust (J-ESOP).

Worth reading
54Recurring
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Direction
Neutral
Direction inferred from the company’s description.
Scale
50000
Shares
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Disposal of treasury shares in connection with an additional contribution to the Stock Benefit Trust (J-ESOP)

Who receives how much50,000Shares

50,000 common shares (treasury shares)

Japan Custody Bank, Ltd. (Trust E Account)50,000 shares

The lower thin line represents the existing number of shares to which these shares will be added.

¥3,649 per share
Total issue value

¥182,450,000

Amount of funds to be raised
Total amount paid in: ¥182,450,000; estimated net proceeds: Not disclosed
Specific use of funds
Additional contribution to the trust so that it can acquire the shares expected to be required for future benefits as the plan continuesAmount ¥182,450,000 / Scheduled timing of expenditures 20 August 2026
発行済株式総数

0.07% of total shares issued and 0.08% of total 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
Employees of the Company and its group companies (breakdown of the number of employees and shares allocated: Not disclosed)
Payment date
20 August 2026
Basis for determining the amount to be paid
The closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, ¥3,649. Discount rate/premium rate: Not disclosed.
Most recent equity financing
Timing 30 April 2021 / Type Disposal of Treasury Shares Through a Third-Party Allotment / Amount Not disclosed
Details of issuance or disposal
ItemDetails
Type of issuance or disposalDisposal of treasury shares in connection with an additional contribution to the Stock Benefit Trust (J-ESOP)
Number of shares to be issued or disposed of50,000 common shares (treasury shares)
Issue price and disposal price¥3,649 per share
Total issue value¥182,450,000
Amount of funds to be raisedTotal amount paid in: ¥182,450,000; estimated net proceeds: Not disclosed
Specific use of fundsDetails Additional contribution to the trust so that it can acquire the shares expected to be required for future benefits as the plan continues / Amount ¥182,450,000 / Scheduled timing of expenditures 20 August 2026
Payment date20 August 2026
Intended allotteeName Japan Custody Bank, Ltd. (Trust E Account) / Number of Shares 50,000 shares
Dilution Rate0.07% of total shares issued and 0.08% of total voting rights
Total number of issued shares67,590,664 shares → Not disclosed
Basis for determining the amount to be paidThe closing price of the Company's common shares on the Tokyo Stock Exchange on the business day immediately preceding the date of the Board of Directors' resolution, ¥3,649. Discount rate/premium rate: Not disclosed.
Categories and Number of Persons CoveredEmployees of the Company and its group companies (breakdown of the number of employees and shares allocated: Not disclosed)
Most recent equity financingTiming 30 April 2021 / Type Disposal of Treasury Shares Through a Third-Party Allotment / Amount Not disclosed
Items this document does not state (15)
Estimated issuance expensesIntended allottee's holding policyExercise priceExercise periodNumber of Stock Acquisition RightsTransfer restriction periodConditions for lifting transfer restrictionsReason for acquisition without considerationTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor shareholders after the offeringImpact on Business Performance

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 make an additional contribution so that the trust can acquire the shares expected to be required for future benefits, and to hold and dispose of the Company's shares as necessary to operate the plan. The number of shares to be disposed of is equivalent to the number of shares expected to be distributed to employees over the 5 fiscal years from the fiscal year ending March 2027 through the fiscal year ending March 2031, and the Company determined that the resulting dilution was reasonable in light of the purpose of the plan.

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Notice Concerning the Disposal of Treasury Shares in Connection with an Additional Contribution to the Stock Benefit Trust (J-ESOP) | Aica Kogyo Company,Limited (4206) timely disclosure | Komori