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Share Issuance and Disposal4763CREEK & RIVER Co.,Ltd.Information and Communications, Services and Others

(Update on Previously Disclosed Matter) Notice Concerning the Partial Transfer of Share Acquisition Rights (Paid Stock Options)

Approval was granted for the free-of-charge transfer to 3 directors of the Company of 500 stock acquisition rights (representing 50,000 underlying shares) previously issued and held by a director of a subsidiary who had retired. Following the transfer, 5 directors of the Company will hold a total of 9,500 stock acquisition rights.

Worth reading
32Immaterial
Scored from 3 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
50000
Shares (500 stock acquisition rights)
Wording
Definitive
How definitive the wording is.

Details of issuance or disposal

Partial transfer of stock acquisition rights offered for subscription (paid stock options)

Who receives how much

950,000 shares (9,500 stock acquisition rights, including the 50,000 shares and 500 rights transferred in this transaction)

Directors of the company3 / 50,000 shares

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

Terms of the stock acquisition rights
Exercise price
¥2,257 per share. The lower limit under the adjustment provision linked to the share price is Not disclosed
Exercise period
From 24 April 2023 to 31 May 2033
Number of Stock Acquisition Rights
Total issued: 9,500 rights. Outstanding as of 26 August 2026: 9,500 rights
Reason for acquisition without consideration
The Company may not acquire these stock acquisition rights from the transferees, except for an acquisition based on a corporate reorganization event stipulated in the terms of issue.
Categories and Number of Persons Covered
5 directors of the Company, holding 9,500 rights (950,000 shares)
Intended allottee's holding policy
The transferees may not voluntarily waive these stock acquisition rights and remain subject to obligations under the mandatory exercise clause after retirement. They have confirmed in writing that they understand and will comply with these provisions.
Most recent equity financing
Timing 24 April 2023 / Type Stock acquisition rights through solicitation (paid stock options) / Amount Total payment amount: ¥950,000
Impact on Business Performance
This transaction will have no impact on the Company's financial results.
Details of issuance or disposal
ItemDetails
Type of issuance or disposalPartial transfer of stock acquisition rights offered for subscription (paid stock options)
Number of shares to be issued or disposed of950,000 shares (9,500 stock acquisition rights, including the 50,000 shares and 500 rights transferred in this transaction)
Intended allotteeCategory Directors of the company / Number of Employees 3 / Number of units 500 rights / Number of underlying shares 50,000 shares
Intended allottee's holding policyThe transferees may not voluntarily waive these stock acquisition rights and remain subject to obligations under the mandatory exercise clause after retirement. They have confirmed in writing that they understand and will comply with these provisions.
Exercise price¥2,257 per share. The lower limit under the adjustment provision linked to the share price is Not disclosed
Exercise periodFrom 24 April 2023 to 31 May 2033
Number of Stock Acquisition RightsTotal issued: 9,500 rights. Outstanding as of 26 August 2026: 9,500 rights
Reason for acquisition without considerationThe Company may not acquire these stock acquisition rights from the transferees, except for an acquisition based on a corporate reorganization event stipulated in the terms of issue.
Categories and Number of Persons Covered5 directors of the Company, holding 9,500 rights (950,000 shares)
Most recent equity financingTiming 24 April 2023 / Type Stock acquisition rights through solicitation (paid stock options) / Amount Total payment amount: ¥950,000
Impact on Business PerformanceThis transaction will have no impact on the Company's financial results.
Items this document does not state (17)
Issue price and disposal priceTotal issue valueAmount of funds to be raisedEstimated issuance expensesSpecific use of fundsPayment dateDilution RateTotal number of issued sharesBasis for determining the amount to be paidTransfer restriction periodConditions for lifting transfer restrictionsTotal Stock-Based CompensationUnderwriter / lead underwriterOverallotmentStock Split RatioProcedures under the Corporate Code of ConductMajor 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.

The Company determined that it was appropriate for its directors to accept these stock acquisition rights following the retirement of a director of a subsidiary. In addition, because the rights are subject to mandatory exercise conditions, the Company determined that it was appropriate for its Representative Director and CEO, Representative Director and COO, and Director and CMO to accept and redistribute them.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Update on Previously Disclosed Matter) Notice Concerning the Partial Transfer of Share Acquisition Rights (Paid Stock Options) | CREEK & RIVER Co.,Ltd. (4763) timely disclosure | Komori